Thursday, August 28, 2014

Brazilian consumers’ confidence at its lowest in more than five years

Both current situation and expectations indexes declined in August. The current conditions index of the survey from the Getulio Vargas Foundation tumbled to 107.2 from 113, the lowest since May 2009, when the score was 103.

The expectations measure eased to 100.1 from 101.2, which was the weakest reading since March 2009, when it read 97.6.

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