Clipping of news on Brazilian Culture, Law and Citizenship
07/25/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Vitor Abdala
Reporter Agency Brazil
Rio de Janeiro - The Consumer Confidence Index, measured by the Getulio Vargas Foundation (FGV), fell 1.5% from June to July this year. It is the third consecutive fall in the index, which rose from 123.5 points to 121.6 points in the period.
The fall was caused by the deterioration in both assessments on the current state of the economy and over the next few months, according to the FGV. The Current Situation Index, which assesses the present moment the economy, fell 2.7%, rising from 139.1 points in June to 135.4 points in the following month.
The percentage of consumers who assess the current situation as good declined from 27.7% to 25.2%. Have those who think bad increased from 17.7% to 20.6%.
The Expectations Index, which assesses the outlook for the upcoming months, declined 1.9%, increasing from 114.9 to 112.7 points in the period. From June to July, consumers expect a better economic environment in the coming months rose from 33.1% to 32%, while the share of those who predict worsening increased from 16% to 17.7%.
Edition: Juliana Andrade
Source: Agency Brazil
Our news are taken in full of our partner sites. For this reason, we can not change the content of these up in case of typing errors.
This article was translated by an automatic translation system, and was therefore not reviewed by people.