Clipping of news on Brazilian Culture, Law and Citizenship
10.12.2015
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Profitability a year of savings, in the month of November was 7.95%, while the official inflation rate in 12 months was 10.48%, according to IBGE data released on Wednesday (9).
This means that those who kept their savings in savings this year seen their purchasing power fall rather than rise.
The real return on savings (adjusted for inflation) of 30 November 2014 to 30 November 2015, was negative 2.29%. It is the worst monthly result since September 2003, when the savings had negative returns of 3.21%.
The calculation was made by Economatica, with the warning that not just subtract the percentages to get the final result.
The expectation is that the savings end the year with net loss (income discounting inflation) for the first time in 13 years, since 2002.
Savings balance was negative by R $ 1.303 billion
The savings withdrawals exceeded deposits in November, the eleventh straight month, according to data released by the Central Bank. The difference was R $ 1.303 billion.
It was the worst result for the month of November since 1995, when it first historical series of BC.
In the year, the savings already lost R $ 58.358 billion.
People are taking money from savings accounts, mainly because of rising unemployment and high debt, which end up consuming the savings of the population.
In addition, with the highest interest rate, other investments are more attractive than savings.
Source: Uol
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This article was translated by an automatic translation system, and was therefore not reviewed by people.