empty
 
 

2018.07.2407:21:00UTC+00Brazil Consumer Confidence Improves In July: FGV

Brazil's consumer confidence improved for the first time in four months in July, figures from the FGV IBRE showed Tuesday.

The consumer confidence index rose to 84.2 in July from a 10-month low of 82.1 in June.

The current situation index rose 2.3 points to 74.1 in July, but which was the lowest level in this year.

After three months of decline, the expectations index also increased by 1.9 points to 91.9 in July.

"Normally, after the occurrence of shocks such as May, the confidence of the agents is affected negatively at first and then recovers," Viviane Seda Bittencourt, coordinator of consumer survey, said.

"While it is good news, the only partial recovery in July suggests that the slow pace of the economy and the labor market continue to weigh heavily on consumer ratings."

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback