Brazil Marginal Decline of Consumer Confidence in June

Brazil's consumer confidence edged lower in June to 88.7, reflecting ongoing pessimism. Conversely, business confidence sentiment improved across manufacturing, services, and retail sectors.

Key Takeaways

• 1.The FGV consumer confidence index in Brazil declined by 0.1pt to 88.7 in June, remaining in pessimistic territory.
• 2.Business confidence improved across manufacturing, services, and retail/commerce sectors, while declining in construction.

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• Disclosure Appendix

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