Brazil Consumers Happier with Present and Confident in Future

Brazilian store The confidence of Brazilian consumers in the economic situation of Brazil and Brazilian cities has increased, according to the Consumer Expectation Survey, disclosed May 27 by the Getúlio Vargas Foundation.

The Consumer Confidence Index, which measures two variables, rose 2% from April to May. In comparison with May last year, the expansion was 5.6%.

According to the survey, both the assessments of the current situation and the expectations for the coming months have become more favorable. From April to May, the Current Situation Index grew 2.6%, and the Expectancy Index rose 1.6%.

In the month of May, consumers' assessment of the economic situation in their cities has improved. The share of those who considered the situation as good went up from 15.5% to 19%. The rate of those who considered it bad grew by a lower rate, from 29.8% to 30.6%.

Expectation regarding the economic situation during the next six months is more optimistic as well: the share of consumers surveyed who expect improvement grew from 22% to 24.2%, and that of those who expect a worsening decreased from 14.4% to 11.3%.

The Consumer Expectation Survey is based on a sample of 2,000 households in seven of the main Brazilian capitals. Data were collected from May 2nd to 21st.

ABr

Tags:

  • Show Comments (3)

  • guest

    …only until the rising interest rates become unbearable. Life looks pretty comfortable for some in Brazilian jails

  • ..

    [quote]……happy about the future, but of course! it is the country of the future!!!!!!!!!!![/quote]

    Que serÀƒ¡, serÀƒ¡, the future is not with us to say. So keep on buying your flat screen TVs, Cell phones, etc; to boost up the “Consumer Confidence”.The more you buy, the merrier it is.

  • guest

    ……happy about the future, but of course! it is the country of the future!!!!!!!!!!!

Your email address will not be published.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

The Sublime Madam

Eny Cezarino, arguably was Brazil’s most famous and powerful courtesan ever. Her Casa de ...

Field of Dreams

A visit to a settlement of landless farmers near Porto Alegre, capital of the ...

Brazil Gets Into a Dead-End in Honduras and Wants Europe to Join In

UNASUR, the Union of South American Nations, in which Brazil is the leading member, ...

How Brazil’s Northeast Fits into Plan of Fueling World with Ethanol

Brazil's plans of introducing ethanol into the global market are bold. And very bold, ...

Brazil Joins 21 Other Poor Countries to Cut Import Tariffs

Brazil together with 21 other developing countries signed this Wednesday, December 2, in Geneva, ...

Piracy: In Brazil, If It Can Be Copied It Will Be

Brazil has always been the target of pirates, starting in the 16th century, when ...

Brazil’s Speaker of the House Bribery Case Goes to the Supreme

Brazil’s Federal Police commissioner Sérgio Menezes affirmed that there is already sufficient evidence that ...

Rapidinhas

Crime Belle & Bandit   Luciana Rodrigues Gravital, 24, a beautiful Carioca (native from ...

Brazil Forum Discusses High Price to Export, from Infrastructure to Red Tape

The National Foreign Trade Forum (Enaex), a traditional event held by the Brazilian Foreign ...

Por aí

Sambaing with Clara Dead in 1982 as the result of a medical malpractice, when ...