Brazilian consumers have more confidence in the current situation of the economy than in the future
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Vitor Abdala
Rio de Janeiro - The Index of Consumer Confidence (ICC) of Brazil, as measured by the Getulio Vargas Foundation, fell by 0.4% from July to August this year, after five consecutive months of growth. The index, which represents the views of Brazilian consumers about the current situation and future of the economy and the financial situation of their families, increased from 111.4 to 111.0 points.
Despite the drop, the index is still higher than its historical average (107 points) and the level of August last year (108.2 points). The assessment of consumers' expectations for the future of the economy was 109.5 points. The evaluation of the current situation was 113.9 points.
The survey found that Brazilians considered the family financial situation as good rose from 17.7% in July to 18.6% in August. Those who have seen their bad situation rose from 14.9% to 13.8% in the same period.
The Index of Consumer Confidence is measured based on the Survey of Consumer Expectations, which is made by more than 2 thousand households in the seven main capital cities.
Source: Agência Brazil
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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