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Consumer confidence has the lowest level since 2005

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



The Brazilian consumer confidence fell in February to the lowest level of the index series, launched in September 2005, informed the Fundação Getúlio Vargas (FGV) this Friday.

The drop was 1.4% over January, to 94.6 points. "With the result, the indicator reflects the downward trajectory began last September, which had been interrupted by the relative stabilization of January, when the index changed 0.1% against the previous month," said the FGV in release.

The current situation component declined 0.8% and 1.7% of expectations fell, reaching the lowest level of the series.

The research was done in 2 thousand households in seven of the major capitals of the country between 2 and 20 February.



Source: Reuters

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