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Brazil Pulse - Consumer Confidence Dropped 1% Point - August 2018

The country is still heading in the wrong direction to 95% of Brazilians, and has been at this level since June 2017. To 86% of Brazilians, the mood regarding Brazil's future is of concern or outrage.

The same also happens to the feelings regarding the elections - there is a huge feeling of hopelessness towards the democratic instruments, thus enhancing populist and personalist speeches.

Evaluation

The evaluation of the President is bad or very bad to 87% of Brazilians, while only 2% consider it to be excellent or good. The association of the candidates’ image to President Michel Temer will be quite negative to them.

Confidence

Consumer Confidence dropped 1 percentage point in August and remained at 76 points, keeping the oscillating behavior of recent months. The indicators for job insecurity continued high, contributing to the lack of confidence in the economy. Unemployment will go on being the main agenda for these elections.

 

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