FGV: Consumer Confidence in Brazil Has Been at a Lower Level Since 2022
4 Articles
4 Articles
The Consumer Confidence Index (ICC) of the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre) dropped 3.6 points in August to 84.7 points, a lower level since November 2022 (83.5 points). On the quarterly moving average, the index yielded 1.4 points, to 87.2 points. The fourth fall followed by consumer confidence signals a worsening in the mood of families with regard to the economy, reflected by the deterioration of ex…
Brazilians are more pessimistic about the economy, a movement that tends to reduce the willingness to consume goods and services. This is what the Consumer Confidence Index (ICC), released this Tuesday (25) by the Getulio Vargas Foundation (FGV), shows. In August, the indicator declined 3.6 points to 84.7 points —
Forbes, the world's most well-conceived business and economic magazine. The fourth fall followed signals a worsening in the mood of families in relation to the economy, reflected by the deterioration of expectations for the future The post Consumer Confidence in Brazil Fall in August to Lower Level since the end of 2022, Show FGV appeared first in Forbes Brazil.
In August, the index declined by 3.6 points, reaching 84.7 points, down from 83.5 points that was recorded in November 4 years before
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