Clipping of news on Brazilian Culture, Law and Citizenship
06/25/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
The debt, according to the organization, is greater in families earning up to ten minimum wages (61.2%)
Compared to May last year (53.2%), the level of debt rose 3.9 percentage points
A survey conducted by the Federation of Trade in Goods, Services and Tourism of the State of São Paulo (FecomercioSP) in May showed that 57.1% of households are indebted paulistanas. The number was unchanged compared to April, remaining at the highest level since June 2006. Compared to May last year (53.2%), the level of debt rose 3.9 percentage points. According to the Survey of Consumer Debt and Default (PEIC), in absolute numbers, total household debt stood at 2.04 million in May.
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According to FecomercioSP, stability appointed in May shows that the consumer continues to have difficulties of balancing your finances and still uses funds to maintain the level of consumption. "This is happening because of the effect of inflation in recent months, especially in food prices, which has impacted negatively impaired income families in São Paulo."
The debt, according to the organization, is greater in families earning up to ten minimum wages (61.2%), while in families who earn more than ten times the minimum wage, the debt is 45.1%.
See also: Savings raises R $ 5.625 billion in May, according to BC
The survey also showed that the main type of debt remains the credit card (73.3%), followed by booklets (17.5%), car finance (16.7%), personal loans (11.5% ), home finance (7.8%), overdraft (6%), among others.
Source: IG
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This article was translated by an automatic translation system, and was therefore not reviewed by people.