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The Brazilian Institute of Geography and Statistics launched a new research project to measure the effects of the Covid-19 pandemic on Brazilian businesses. The idea is to gather information on sales, payment capacity, the number of employees, and other such indicators to help to understand what policy measures can help minimize support companies moving forward.
Dubbed “Business Pulse,” the project will survey around 2,000 companies across all regions of Brazil. The first results will be released on July 16.
Our July 9 Daily Briefing explained how Brazil has produced promising economic data as businesses began reopening. However, these numbers are more likely to be false dawn than an actual uptick in the fortunes of the Brazilian economy.
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