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Brazil Consumer Confidence December 2020

Brazil: Consumer confidence falls to six-month low in December

The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation came in at 78.5 in December, down from November’s 81.7 and marking the worst reading since June. As a result, the index remained entrenched below the 100-point threshold, and indicated pessimism among consumers.

The headline print reflected a deterioration in consumers’ views of the current economic situation as well as more pessimism over future economic situation.

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