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Economic indicators

Consumer confidence indicator falls to record low

09/07/2015

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

 

 

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Values above 100 points indicates optimism while below that mark results show pessimism. In June last year, the trust was 140 points.

The national index of consumer confidence calculated by the Commercial Association of São Paulo (ACSP) fell to 100 points in June, down from 105 points in May, reaching the lowest level since the survey began in April 2005.

Values above 100 points indicates optimism while below that mark results show pessimism. In June last year, the trust was 140 points.

"The drop in consumer confidence has been drastically since the beginning of the year. It has never been so close to the field as pessimism now. It is increasingly urgent that the economy receives a heavy injection of mind to reactivate the sectors that suffer from the negative results of the indicators, "says Alencar Burti, president of the ACSP and the Federation of Associations of São Paulo State Trading (FACESP).

The geographical division, the confidence of consumers Southeast fell to 90 points in June, from 97 points in May, also registering a record low.

In São Paulo, confidence fell to 80 points, another unprecedented level drop. In the South, gave confidence to 100 points, 107 points. Already in the North / Midwest, the index had decrease to 109 points, 111 points. And in the Northeast was low for 111 points, 115 points.

"In the Northeast, the consumer still is confident, especially in terms of social programs. In the South, North and Midwest, falls can be explained partly by the depreciation of commodities," says the president of the ACSP.

Regarding socioeconomic groups, the AB class remains the most pessimistic, with the confidence index falling to 81 points, 84 points. In class C, the index rose to 103 points, 108 points; and DE class there was a decrease to 109 points, 116 points.

When asked if their current financial situation is good, only 29% of respondents answered yes in June (compared to 34% in May).

Already 46% answered that the situation is bad, compared to 40% a month earlier. In the future, the perception is slightly better: 39% believe it will be in a better financial situation (they were 40% in May). Moreover, 25% are seen in a future worst (23% in May).

In June, 24% of respondents said they felt safe at work (up from 26% in May), while 46% expressed uncertainty (41% a month before).

Finally, the survey asked consumers' propensity to buy appliances. Only 22% think to purchase such products. At the same time, 58% said they were not comfortable performing these purchases.

"In the higher value goods, the ratio is 16% more comfortable and 64% less comfortable. And this can be seen at the moment of crisis experienced by the sectors of cars and real estate," said Burti.

The survey was conducted by Ipsos Institute from 14 to 30 June, from 1200 household interviews in 72 municipalities in the country, by representative sample of the population of urban areas with a random selection of interview sites and the respondent's choice of quotas, both based on official data from the IBGE.

 

Source: Survey

To access the exam 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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