Brazil: Consumer sentiment falls in November
The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation fell to 74.9 in November, following October’s 76.3 reading. As a result, the index remained below the 100-point threshold, indicating pessimism among consumers.
November’s decrease came on the back of consumers’ more pessimistic assessment of current conditions, while their views on the future economic situation also deteriorated.