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Economic indicators

consumer delinquencies grows 4.9% in July compared to June, says Boa Vista SCPC

09/08/2016

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

 

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Consumer delinquencies rose 4.9% in July compared to June, according to seasonally adjusted data released by Boa Vista SCPC. Compared to July last year, however, there was a low 4.3%. Already in the first seven months of the year - compared to the same period of 2015 - there is an increase of 2.5%.

The monthly variation, the largest increase in default was recorded in the Northeast (+ 11.9%), followed by North (+ 6.8%), South East (+ 4.5%) and Midwest (+ 2.0% ). The only decline was in the South (-1.1%).

Economists Serasa, the deterioration of the labor market and inflation at high levels has contributed to worsening the budget of families, increasing the default flow in recent times. "However, consumer caution, weak economic activity and the corresponding reduction in household borrowing have acted to offset this increase in delinquency, resulting in a stable level in the indicator of trend (Amounts accumulated in 12 months)" the company says in a report.

The default record indicator is compiled from the number of new registrations of overdue debts and unpaid reported to Boa Vista by creditor businesses. Because the State Law of São Paulo No. 15,659 / 2015 from September last year went to use as a reference to the state the number of warning letters sent to consumers, rather than the number of active debts on the basis of SCPC.

 

Source: Istoé

To access the Istoé site, click here.

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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