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Index is still below the 14.4% recorded in January 2008.
Consumers are more optimistic, but want to buy less.
The confidence of the Brazilian started the year high, despite the backdrop of crisis. The Getulio Vargas Foundation (FGV), the Consumer Confidence Index (CCI) rose 3.0% in January in comparison with last month. In December, had also recorded high of 0.5% after two months of low significance.
Even with the high recorded this month, the index remains at a low level in historical terms, according to FGV. Between December and January, the ICC accumulated high of 3.5% - below the average of 4.2% recorded in the previous three years.
Besides the lower high in this period, the variation between October and November 2008 were stored at -14%. In the three previous years, the average change in the same months was 4.6% higher.
Therefore, against the same month of 2008, the ICC is in path of decline: the confidence of consumers is now 14.4% lower than in January last year.
Optimism rises, intention to purchase falls
The item measuring the degree of optimism of consumers in relation to local economic situation in next six months - which had recorded the worst result of the series last December - were positive in December and January. The plot of providing better increased from 18.3% to 22.5% of the total, while the worsening of that project fell from 36.3% to 28.1%.
Even so, the intention to purchase is reduced. The item measuring the intention of purchasing durable goods registered the weakest result since September 2005. Between December and January, the proportion of consumers who plan to spend more on durables decreased from 14.0% to 11.0% j [aa those who want to spend less increased from 34.5% to 35.9%.
Source: G1
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This article was translated by an automatic translation system, and was therefore not reviewed by people.