Brazilian consumer sentiment remained broadly stable in January. The consumer confidence index published by the Getulio Vargas Foundation (FGV, Fundacao Getulio Vargas), decreased a seasonally adjusted 0.1% over the previous month to 121.6 points in January. At the current level, the index is 7.7% higher than in the same month the previous year. The FGV index has a range of 1 to 200 points, where 100 points is neutral. Consumers' assessment of the current economic situation decreased 1.4% in January while sentiment regarding the economic situation for the next six months increased 0.7%. The deterioration in consumer sentiment regarding the current state of the economy can be partly attributed to the monetary tightening measures introduced during January. Nonetheless, consumer confidence is only 2.0% below the historical peak recorded in November 2010, auguring well for a resilient expansion in private consumption in the final quarter of 2010.
Brazil Consumer Confidence
Consumer confidence remains unchanged in January
January 27, 2011
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Brazil Economic News
October 25, 2016
Brazil’s current account balance improved in September, continuing to build on the considerable gains made over the past year.
October 19, 2016
At its 19 October meeting, the Central Bank’s Monetary Policy Committee (COPOM, Comite de Politica Monetaria) decided to cut the benchmark SELIC interest rate for the first time in four years, lowering it from 14.25% to 14.00%.
October 18, 2016
Retail sales (excluding cars and construction) fell 0.6% in August from the previous month in seasonally-adjusted terms.
October 7, 2016
Consumer prices in September increased 0.08% over the previous month, the lowest rise since July 2014.
October 4, 2016
In August, industrial production plunged 3.8% over the previous month in seasonally-adjusted terms, which significantly contrasted the 0.1% expansion recorded in July and marked the worst result since January 2012.