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Economic indicators

Consumer demand for credit grows 3.2% in first half

07/12/2016

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

 

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Total number of people who sought credit in June increased by 2.1% compared to May. Demand closed the first half with an increase of 3.2% over the first half of 2015 EBC

Across the country, the number of people who sought credit in June increased by 2.1% compared to May. So says the Consumer demand indicator for credit, the company Serasa Experian. With the result, the demand closed the first half with an increase of 3.2% over the first half of 2015.

For those who earn less than R$ 1 000 per month, there was increase of 1.6% in demand for credit in June compared to May. The range of income between R$ 1,000 and R$ 2000 a high of 2.4%. Those who receive R$ 2,000 to R$ 5,000 per month were up 2.9%. The range of income between R$ 5,000 and R$ 10,000 per month accused increase of 3.5%. For those who earn more than R$ 10 thousand per month, there was an increase of 3%.

In comparison by regions of the country, only the Midwest fell 0.2%. There was growth in consumer demand for credit in the North (1.6%), Northeast (1.4%), South (4.9%) and Southeast (1.9%).

Economists Serasa Experian, although positive, the high of 3.2% in consumer demand for credit in the first half of this year indicates weakening due to the decline in the same period last year. "High interest rates, rising unemployment and repressed consumer confidence decreased consumer impetus to seek credit in the first half of 2016," says the note.

 

Source: EBC

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

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