Data from the Ministry of Economy point to a wave of reduction in the number of business openings and an advance in closing cases this year.
Between May and August, more than 600 thousand companies were closed in the country. The movement has been happening since 2020 and has not cooled down with the improvement in the pandemic scenario.
The volume of closed companies is about 10% higher than that recorded in the previous four-month period and almost 25% higher than the level of the same period last year.
The number of openings was around 1.4 million, which represents a growth of 2% compared to the previous period, however, a drop of 3% compared to the same four-month period in 2021.
Joana Cunha with Paulo Ricardo Martins and Diego Felix
your subscription can be worth even more
Do you already know the advantages of being a Folha subscriber? In addition to having access to reports and columns, you have exclusive newsletters (find out here). You can also download our free app from the Apple Store or Google Play to receive alerts on the top news of the day. Your subscription helps us to make independent and quality journalism. Thanks!
your subscription is worth a lot
More than 180 reports and analyzes published each day. A team of more than 200 columnists and bloggers. A professional journalism that supervises the public power, conveys useful and inspiring news, counterpoints the intolerance of social networks and draws a clear line between truth and lie. How much does it cost to help produce this content?
SUBSCRIBE FOR BRL 1.90 IN THE 1st MONTH
Chad-98Weaver, a distinguished author at NewsBulletin247, excels in the craft of article writing. With a keen eye for detail and a penchant for storytelling, Chad delivers informative and engaging content that resonates with readers across various subjects. His contributions are a testament to his dedication and expertise in the field of journalism.
