Clipping of news on Brazilian Culture, Law and Citizenship
09/28/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The current scenario is cautious, according to economist of the National Confederation of Commerce (CNC), Bruno Fernandes. The Search Indebtedness and Delinquency (Peic), released on Wednesday, 28, revealed that families returned to borrow from August to September. But compared to 2015, there is no prospect of going back to shopping.
According to the survey, 58.2% of Brazilian households are indebted. The result is higher than in August, 58%, but lower than in the same month of 2015, 63.5%.
"What the research shows is that in the previous month, consumer confidence came out the bottom. But it is not possible to consider a resumption of consumption. What happened was a slight recovery in confidence, but not enough for families to continue accumulating debt, "said Fernandes.
The vision of the CNC is that the year 2016 is already given and that there is, in the short term, how to reverse the negative effects on the economy. The prospect is that even Christmas when consumption increases, it will be worse than 2015. "While we have high interest rates, bad labor market and high inflation, we are limited to slight recovery, as the current," he said.
In 2017, "there may be a recovery," says the economist. But the turn of trade will depend on the behavior of these macroeconomic vectors: the cost of credit, prices and employment, according to Fernandes.
Source: Istoé
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This article was translated by an automatic translation system, and was therefore not reviewed by people.