Brazil Pulse - 95% of Brazilians Believe Brazil is Heading in the Wrong Direction - November 2017
The country is still heading in the wrong direction to 95% of Brazilians, repeating the result of previous months. This confidence decline in Brazil was trigged in January 2015 and stabilized at very high levels since then.
Evaluation
The President Michel Temer’s evaluation continues to be considered bad or very bad to most of the population. The percentage of negative evaluation dropped 1 percentage point (within the margin of error) vis-à-vis the previous month, now at 86%.
Confidence
Consumer Confidence plays a key role in the forecast of household spending, and, therefore, the time for the economy recovery. In November, it remained stagnant, at 72 points - as predicted, the confidence recovery will be very slow.
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