Brazilians Hit Record High in Satisfaction and Expectations

Lojas Americanas in São Paulo, Brazil Brazilians have never been so happy with the present and so confident with the future in recent days. The best ever rating of the country's economy by the Brazilians, as well as their expectation regarding the next few months, has increased the Consumer Confidence Index (ICC) up to 5.2%, from November to December this year.

The ICC has risen from 114.3 up to 120.3 points – the highest level ever recorded in the historical series initiated in September 2005.

Published by the Brazilian Economics Institute (Ibre), an arm of the Getúlio Vargas Foundation, the indicator is comprised of five items that are part of the Consumer Expectations Survey – which is carried out based on a sample of more than 2,000 households in the seven main Brazilian capital cities.

The data disclosed by the Getúlio Vargas Foundation show that the Current Situation Index (ISA – the current economic conjuncture), one of the items surveyed, expanded 9.3% compared with November, to reach 121.7 points – another all-time high.

The Expectation Index (IE), which concerns projections for the future, was also the highest since 2005, increasing from 115.9 to 119.7 points.

ABr

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  • bo

    [quote]The ICC has risen from 114.3 up to 120.3 points – the highest level ever recorded in the historical series initiated in September 2005.[/quote]

    That is funny as hell!!!! So, in the last two years, 2007 was better, meaning the ICC recorded it’s “highest level in this history of……well, the last two years!!” LMAO!!

    Wooooooooooooooooohoooooooooooooooooooooooo!!!!! 😉 😉 😉 😉 😉 😀 😀 😀

  • Lloyd Cata

    Cautious Optimism
    For the families contributing to these indexes these are promising times for Brazil. For the families of the fevalados it can only be cautious optimism. A larger feast for the oligarchs, elites, and politicians leads to the expectation of more goods and services for everyone. After all, hope is the only real aphrodisiac of the poor.

    [b]There is an opportunity during these ‘good times’ to affirm the commitment of Brazilian society to equality, justice, and fairness. From the slums of Rio to the Amazon forests there are real indicators of how well the society improves. From these areas the index is still negative and waiting for positive developments. [/b]

  • ch.c.

    !!!!!!!!!!
    “The best EVER rating of the country’s economy by the Brazilians,” ???????

    “the highest level ever recorded in the historical series initiated in……. September 2005.”

    Only junkies can write these types of things !

    😀 😉 😀 😉 😀 😉

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