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Brazil Consumer Confidence August 2021

Brazil: Consumer confidence pulls back in August

The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation came in at 80.8 in August, following July’s 82.2 in July. As a result, the index remained below the 100-point threshold, indicating pessimism among consumers.

August’s dip came on the back of consumers’ gloomier assessment of current conditions, while their views on the future economic situation improved somewhat.

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