Financial News: Brazil FGV Consumer Confidence Falls Marginally To 88.7

Brazil FGV Consumer Confidence Falls Marginally To 88.7

06/24/2026 - 07:29:00 (RTTNews)

(RTTNews) - Confidence among Brazilian consumers decreased for the second straight month in June, though slightly, a survey by the Getulio Vargas Foundation showed on Wednesday.

The seasonally adjusted FGV IBRE consumer confidence index was almost unchanged at 88.7 in June versus 88.7 in May. Any score below 100 indicates a pessimistic outlook.

The slight fall in confidence was mainly attributed to the expectations index, falling to 90.4 from 91.3 in May. Meanwhile, the sub-index for current conditions improved from 86.1 to 87.0.

The index measuring households' intention to purchase durable goods and future financial situation suggests a more pessimistic attitude for the coming months, while the indicator for the current financial situation suggests an improvement in the perception of the current budget.

"The maintenance of a robust labour market and debt relief policies seem to be positively influencing the current perception but are not enough to reverse the increase in future pessimism," Anna Carolina Gouveia, economist at FGV IBRE, said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Retailers Expect Sales To Fall In July Amid Weak Confidence (03 hr(s), 05 min(s), 59 sec(s) ago)
(RTTNews) - UK retailers expect declining sales to continue in July amid weak consumer confidence ...Full Story»

UK Car Production Rises For First Time In 5 Months: SMMT (03 hr(s), 21 min(s), 59 sec(s) ago)
(RTTNews) - UK car production grew for the first time this year in May, driven primarily by increa ...Full Story»

Spain Producer Price Inflation Strongest Since 2022 (05 hr(s), 23 min(s), 59 sec(s) ago)
(RTTNews) - Spain producer price inflation increased at the fastest pace since late 2022 in May on ...Full Story»

Spain GDP Growth Slows In Q1 (05 hr(s), 42 min(s), 59 sec(s) ago)
(RTTNews) - Spain's economic growth softened, as estimated, in the first quarter, final data f ...Full Story»

Hong Kong Trade Gap Widens In May (05 hr(s), 57 min(s), 59 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade deficit increased notably in May from a year ago as impo ...Full Story»

French Consumer Confidence Rises In June (06 hr(s), 44 min(s), 59 sec(s) ago)
(RTTNews) - French consumer confidence improved in June after falling to a more than three-year lo ...Full Story»

German Consumer Confidence To Improve In July: GfK (06 hr(s), 48 min(s), 59 sec(s) ago)
(RTTNews) - German consumer sentiment is set to improve in July driven by the moderate rise in inc ...Full Story»

Hungary Unemployment Rate Falls To 4.3% (08 hr(s), 05 min(s), 59 sec(s) ago)
(RTTNews) - Hungary's unemployment rate decreased in the March to May period, data from the Hu ...Full Story»