CONFIDENCE IN THE EXECUTIVE
Some good news came to us this month.
Closer collaboration between business leaders and government, the successful hosting of the BRICS summit and the slowdown in inflation have had a positive effect on confidence in the executive.
The political uncertainty index eased by 4.4 points in the third quarter and inflation slowed, remaining within the target range acceptable by the central bank (3%-6%).
The fact remains that this dynamic is somewhat weighed down by electricity load shedding campaigns and the pressure on household finances.
Source: Daily Investor, October 2023