Clipping of news on Brazilian Culture, Law and Citizenship
11/01/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Jorge Wamburg
Brazil Agency reporter
Brasilia - A 0.5% increase in October compared with September consumer confidence is the result , especially the optimism regarding the evolution of inflation and employment in the next six months , according to the National Index of Consumer Expectations ( INEC ) released today ( 31 ) by the National Confederation of Industry ( CNI ) .
The survey also shows consumers' expectations for the next six months compared to personal income and the intention to make purchases of higher value . It also shows the financial situation and indebtedness of respondents improved , worsened , or remain the same in the last three months.
Despite the optimism registered by the survey , with a total of 110.7 points ( 0.5 % over the September result , 110.1 ) , the INEC October remains below the average of 113.7 points recorded in the first five months of 2013 , according to the study released by the CNI . A poll this month heard 2,002 people in 142 municipalities , between 17 and 21.
According to the survey , the rate of expected inflation increased by 5.5 % and unemployment expectations index rose 1.8 % in October compared with September . The increase in both indicators reveals growing consumer optimism . According to the CNI economist Marcelo Azevedo , these rates increase as the expectation becomes more positive .
Regarding personal income , however , research shows that the population is less optimistic about the future . The indicator of expected evolution of personal income in the next six months fell 0.8 % from September. The evaluation of the indebtedness was also more negative . The debt ratio for the next three months fell 3.3% in October compared to September .
Despite this situation , the Brazilians did not want to leave to go shopping , according to the interviews to INEC : the index of purchases of higher value grew by 1 % in October , compared with the previous month .
Editing : Davi Oliveira
Source : Agency Brazil
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This article was translated by an automatic translation system, and was therefore not reviewed by people.