Brazil Confidence Low
World Economy

Brazil Confidence Low

Consumer confidence in Brazil increased in January compared to the previous month, but not to a level that indicates economic recovery, according to the country’s main index, Nasdaq reported. Brazil’s main consumer-confidence index was at 67.9 points, up from 65.4 points in December, when it reached the lowest point since the data began to be compiled in 2005, the Getulio Vargas Foundation said Wednesday. “With confidence levels still very unfavorable regarding the current economic scenario and persistent pessimistic expectations for the coming months, it is early to talk about a consistent trend reversal,” says Viviane Bittencourt, the Consumer Survey Coordinator for FGV.


Short URL : http://goo.gl/vQU4sX
  1. http://goo.gl/vdAJ4T
  • http://goo.gl/uBYTZk
  • http://goo.gl/R5hGBT
  • http://goo.gl/QPzdp7
  • http://goo.gl/Uq02cw

You can also read ...

Philippines Rating Upgraded
Fitch Ratings on Monday upgraded Philippines’ credit rating to...
Beijing’s growing determination to curb debt-financed growth has already triggered a sharp sell-off in China’s government bond market and is fuelling concerns that the economy will slow, thus crimping global demand for commodities.
Inflows into emerging market bond and equity funds have been...
UNDP Says BRI Can Create Sustainable Growth
The Belt and Road Initiative has tremendous potential for...
Diverse Views Fuel Bleak Prospects for WTO Meeting
The World Trade Organization’s Buenos Aires meeting commenced...
Hackers Hit Major ATM Network
A previously undetected group of Russian-language hackers...
Will Cryptocurrencies Replace Dollar in Oil Trade?
The gradual acceptance of digital currencies, with major...
Base metals remain vulnerable to market factors.
The market for base metals is projected to grow at a robust...
ECB Sees More M&As in Bank Sector
Merger activity in the eurozone bank sector is likely to...