Brazil Consumer Confidence Softened in May

Brazil's FGV consumer confidence index fell slightly to 88.8 in May, driven by a decline in the expectations component.

Key Takeaways

• 1.The FGV consumer confidence index in Brazil declined by 0.3pt to 88.8 in May, reversing some of the gains from March and April.
• 2.The decline was primarily driven by the expectations component, which dropped 1.0pt to 91.3.
• 3.While the current conditions component rose slightly, both it and the expectations component remain in pessimistic territory.

Table of Contents

• DETAILS
• Disclosure Appendix
• Global product; distributing entities
• General disclosures

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