Brazilian consumer confidence rises in May, says Foundation
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SAO PAULO (Reuters) - Consumer confidence in Brazil increased 1.3 percent between April and May reported the Getúlio Vargas Foundation (FGV), on Monday.
The confidence index rose to 100.5 points this month, up from 99.2 points in the previous. In May last year, the index recorded was 113.5.
The current situation component rose by 1.1 percent, to 98.5 points, while expectations grew 1.6 percent, to 102.3 point, its highest level since September 2008.
The rate of consumers who assesses the situation as good rose from 7.3 to 7.8 percent of the total.
The survey was conducted in more than 2 thousand homes in the seven main cities of the country between April 30 and May 20, 2009.
(By Alberto Alerigi Jr.)
Source: Reuters
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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