Confidence of the consumer has no new record
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Confidence of Brazilian consumers, who already noted decline in February, was further shaken this month. With the new drop of 0.7%, the Consumer Confidence Index (CCI) has reached a new negative record of 94.2 points, the lowest score of the series started in September 2005.
The Getulio Vargas Foundation (FGV), there was worsening in assessments on the current situation, maintaining the downward trajectory begun in October. The Current Situation Index (ISA) retreated 1.1% to 98.3 points, the lowest since March 2007 (97.8).
In moving from March to February, the portion of assessing the current situation as good fell from 8.4% to 7.4% of the total, while those who think the poor increased from 51.2% to 52 , 5%.
Expectations
Now the forecast for the future remained stable, but the lowest level in history. The Expectations Index (EI) remained at 92.6 points in March, the lowest level of the series.
Among the items that compose the IE, there was a decrease of pessimism regarding the local economic situation and the family in the next six months. The fall in the proportion of consumers who want to spend more, however, the indicator remained at the same level as February.
This month, the share of consumers who plan to spend more on durables fell from 7.2% to 6.7%, while those wishing to spend less increased from 39.2% to 40.1%.
Source: G1
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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