Consumer demand for credit grows 3.5% in July, says Serasa Experian
This article was translated by an automatic translation system, and was therefore not reviewed by people.
The number of people who sought credit from banks and financial institutions in July this year was 3.5% higher than the number of people who resorted to these institutions in July 2008, according to the indicator Serasa Experian Consumer Credit .
This was the first time this year the demand for credit increases compared to the same month last year.
In comparison with the previous month, consumer demand for credit also increased by 3.5%, which represents the fifth consecutive month of positive monthly variation.
According to the Serasa, the trend in the second half is increased demand, by two main factors: the decline in demand for credit at the end of 2008, and standardization of the offer by the financial system from March 2009.
However, accumulated from January to July this year, consumer demand for credit fell by 5.3% over the same period last year.
The Serasa said that despite the setback, "already notes a trend toward lower rates of accumulated negative expansion of consumer demand for credit (-8.0% accumulated until maio/09, -6.8% accumulated until junho/09 and -5.3% accumulated until julho/09). "
The organization noted that kept the pace of recovery in consumer demand for credit will end 2009 with positive cumulative variation between 0% and 5%.
Regional analysis
In July there was growing consumer demand for credit in all regions. The largest expansion was observed in the North (up 11.9%), followed by the South (3.9%), Southeast (3.2%), Northeast (2.6%) and Midwest (1, 3%).
Accumulated in the first half, compared with the same period last year, all regions showed a decline in consumer demand for credit. The largest of these was found in the Northeast (-7.4%), followed by the Southeast (-5.6%), Midwest (-3.9%), South (-3.8%) and North (-- 3.7%).
Monthly personal income
The intermediate classes of income had the highest rates of growth of demand for credit in the month of July.
In the group with monthly income between R$ 1,000 and R$ 2,000 was an increase of 8.1% between R$ 500 and R$ 1,000 per month increase was 2.1%, and the range of those who earn between R$ 2,000 and R$ 5,000 monthly demand for credit increased 0.9%. The tracks that lie at the ends were down on their demands for credit.
From January to July, the poor (with monthly earnings of up to R$ 500) fell by 11.1% in the demand for credit, compared to the same period of 2008.
In the same period of comparison, the other layers of income are the accumulated changes next year, ranging between -4.7% and -5.0%.
Source: Folha de Sao Paulo
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Important:
The JurisWay site does not interfere in the work provided by doctrine, why only reflect the opinions, ideas and concepts of their authors.
