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Consumer confidence starts 2010 on the rise, says FGV

27/1/2010

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


Assessing the current situation is the highest since 2005.
Expectations for the coming months, however, became worse.

G1, in São Paulo

After registering drop at the end of 2009, consumer confidence increased again in January, according to the Getulio Vargas Foundation (FGV). The Index of Consumer Confidence (ICC) rose 0.6% between the two months, from 112,3 to 113 points.

The evaluation of the current situation has reached the highest level of the historic FGV, begun in 2005, reaching 124,8 points.
The index measuring expectations, however, fell by 1.0% to 106,6 points, the lowest since May 2009.

The indicator that measures consumer satisfaction with the family's financial situation was to the item that most contributed to the evolution of the ICC in January 2010, between December and January, the proportion of evaluating the current situation as good increased from 17.5
% to 20.4%.

For the next six months, the proportion of consumers anticipating improvement fell from 26.2% to 23.9%, the portion projecting worsening increased from 9.1% to 10.0%.




Source: Portal G1


 

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

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