• Categories
  • Archives

Feeling Good: Brazil Is 4th in Consumer Confidence in the World

Brazilian beach in Olinda, Pernambuco state According to a global consumer confidence survey by consultancy firm Nielsen, Brazil ranked 4th for optimism among the world's economies in the second quarter of 2009. The average figure for consumer confidence in the 28 markets surveyed was 82, growth of 5 points compared with March 2009, when the average was 77 points.

According to a release issued by Nielsen, the first in the ranking was Indonesia (113 points), followed by India (112), the Philippines (103) and Brazil (96). Next came Australia (95), China (94) and the Emirates (93). The top-10 list ends with Canada (90), New Zealand (89), which lost one point in comparison with the previous quarter, and Singapore (87).

Of the 28 countries surveyed by Nielsen, the one with the highest growth was India, whose score increased by 13 points, having gone from 99 in March to 112 in the second quarter. Japan, South Korea, Hong Kong and Indonesia gained nine points each.

Brazil and Taiwan improved their scores by eight points each. Consumer confidence rose seven points in Singapore, Turkey, Russia, the Philippines and the United Kingdom. In the Emirates, the score improved by four points.

The United States and France did not record any variation in consumer confidence levels, which remained respectively at 80 and 60 points, whereas Germany, similar to New Zealand, lost one point, having gone from 73 to 72.

Nielsen's survey was conducted online among 14,029 consumers in 28 different countries in late June. Among the interviewees, 71% answered that they believe their countries to be in recession, a reduction of 6% over the 77% recorded as of March 2009.

According to Nielsen, even in Germany, the leading economy in Europe, where the index fell, there are encouraging signs of imminent recovery. The consultancy informs that approximately one third of Germans (29%) believe that the recession is going to improve in the next 12 months, whereas 22% believe in a recovery in the last quarter only.

One out of three Germans also believes that this is a good moment for buying something superfluous. To 38% of the German population, their finances will be in "good" conditions as of next year.

All over the world, job security and economic conditions have remained the two main concerns of consumers. The indices for those categories, however, have decreased by two and four points, respectively.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

41 Countries Discuss in Brazil How to Reforest

Forest specialists from 41 countries are gathered in Petrópolis, in the mountainous region of ...

Cathedral of Brasília, in the Brazil's Capital

Government, Industry, Unions, Media, Church, They’re All Bankrupt in Brazil

You can’t deny it: in Brazil public authority is melting like ice cream under ...

Por aí

Brazilian heartbreaker First this 27-year-old beauty was chosen to host the TV show “Billboard ...

Brazil Sells US$ 75 Bi to Poor Countries and Only US$ 62 Bi to the US and the Rich

The importance of emerging countries to the Brazilian balance of trade has already surpassed ...

Lula Vows Brazil’s Naval Industry Will Be as Good as the Air One

The Brazilian government announced it will promote Brazil's shipbuilding industry not only to supply ...

Brazilians Slightly Happier with Economy, But Less Confident About Future

Brazil’s Getúlio Vargas Foundation’s (FGV) Consumer Confidence Index (ICC) rose 0.6% in December compared ...

The 6 Men and 2 Women Who Wil Be Running for President in Brazil

The deadline for the official registration of presidential candidates in Brazil ended last night, ...

Lula’s Administration Bends to Pressure and Makes Changes in Human Rights Plan

Brazilian minister Paulo Vannuchi, the head of the Human Rights Secretariat, has confirmed that ...

Air Force Brigadier Calls Lula and the PT Brazil’s Biggest Gang of Outlaws Ever

For the third time since the beginning of Lula’s campaign for reelection former members ...