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Professionals: Search for consumer credit drops in August

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


After five consecutive monthly increases, consumer demand for credit in Brazil has had a decline of 0.3% in August compared to July, according to the indicator Professionals Demand Experian Consumer Credit, issued today. According to Experian Professionals, was decisive in the fall the decrease in search of the classes of lower income for credit at banks, financial, credit plans, cards, among others.

The last time this index was negative was in February when there was a reduction of 10.5% compared to January. According to specialists of Professionals, the drop in August can not be marked as a reversal, because the retreat was not enough to slow the rate of annual growth in demand.

In the year continues the trend of recovery in demand, with a fall of 4.1% from January to August, less than the decline of 5.3% from January to July.

In low-income consumers, the demand for credit fell 1.9% for those with monthly income of up to 500 reais, 1.2% for those earning between 500 and thousand reais and 0.1% for receiving, monthly, one thousand reais and R $ 2 mil.

Geographically, the North and Northeast (the lowest income per capita) led the fall in consumer demand in August, falling 13.6% and 3.8% respectively. The accumulated from January to August compared to same period of 2008, all regions had a decrease in the index.

The largest decline occurred in the Northeast (-5.9%), followed by the Southeast (-4.5%). Midwest, South and North had declines of 2.6% next. The survey was conducted on a sample of approximately 11.5 million registries of Individuals (CPFs) found monthly.



Source: State Agency

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

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