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Economic indicators

Consumer demand for credit grows 1% in 2015, says Serasa

01.19.2016

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

 

 

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The number of people who sought credit in 2015 grew 1% in the year, compared to 2014, according to the indicator Serasa Experian consulting firm. It is the fourth consecutive year of poor performance.

In the period 2008 to 2011, average annual growth of consumer demand for credit was much more significant: 7.1%. Economists Serasa said the high inflation, consumer efforts to reduce their debt levels, the rise in interest rates and cost of credit and the high dollar determined the weak performance of the credit for consumer demand in 2015.

Compared by income fell by 4.2% to consumers who receive up to $ 500 a month. For those who earn between R $ 500 and R $ 1000 monthly, the growth of credit demand was 1%; for those who receive between R $ 1,000 and R $ 2,000, was 2.2%; and for those with monthly income between R $ 2,000 and R $ 5000, the increase was 1.3%.

There was slower growth in the higher income segments of the population. The increase was 0.2% for those earning between R $ 5,000 and R $ 10,000. There was increase of 0.5% for those receiving more than R $ 10 thousand per month.

 

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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