RSS   Newsletter   Contact   Advertise with us
Post Online Media

Brazil consumer confidence rose in July

Brazil consumer confidence
Economy of Brasil   Main consumer-confidence index was at 76.7 points

Consumer confidence in Brazil rose in July for the third-consecutive month, as Brazilians are less pessimistic about the country's economy for the medium term.


Brazil's main consumer-confidence index was at 76.7 points, up from 71.3 points in June, the Getulio Vargas Foundation, said.

The country's economy is expected to shrink by 3.25% this year, according to economists, after contracting by 3.8% last year.

The consumer-confidence index polls 1,943 families in Brazil's seven largest cities. It measures their willingness to purchase various consumer goods and gauges expectations about employment, income and economic opportunities.

 

What to read next
 
 

POST Online Media does not use cookies to collect information about visitors.   OK, hide this message   Third party ads may be using cookies, you can see how here.