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Economic indicators

User default is high of 16.4% in the semester

07/16/2015

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

 

 

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Consumer delinquencies grew 16.4% in the first half of this year compared to the same period last year, according to consulting firm Serasa Experian. This was the biggest rise every six months since 2012, when the index grew by 19.1%.

In June, the indicator rose 5.9% compared to May. There was increase of 23.4% compared to June 2014. According to economists of Serasa, the significant growth in the number of consumers who have not paid the bills on time can be explained by high inflation, interest rates and unemployment.

The default credit cards, financial, shops and service providers such as telephone, electricity and water was primarily responsible for the rise in the indicator in June, an increase of 10.2%. Debts with banks and protested bonds rose 2.5% and 4.7%, respectively. The bad checks decreased by 1.1%.

The average value of non-bank debt registered a high of 24.6% in the first half of the year compared to the same period in 2014. The average value of bad checks and bad debt with banks increased by 10.9% and 0, 9%, respectively.

 

Source: Agency Brazil

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

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