Brazil Pulse - Consumer Confidence Remains at 74 points - April 2018
The country is still heading in the wrong direction to 92% of Brazilians, remaining at the same level as the previous month. The stagnant economy, the unemployment, political and institutional crisis and the chaos in public safety are the main causes for this negative perception regarding the nation’s direction.
Evaluation
The evaluation of the President continues to be considered bad or very bad for most of the population and remains at 82%, as well as the excellent/good indicator that continues at 1%, the lowest index registered in this administration (and in the Pulso Brasil’s historic series). The lack of expectations regarding the future of the Temer’s Administration goes on growing.
Confidence
Consumer Confidence dropped 1 percentage point in April and remained at 74 points. Job insecurity is back rising: in March, 57 % of Brazilians stated to be much less confident or a little less confident regarding the job situation, while in April this indicator reached 62%. Unemployment remains the main problem of the country.
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