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Debt and delinquency rates on the rise among Brazil s middle class

Debt and delinquency rates on the rise among Brazil s middle class
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Post-pandemic retail higher in North Brazil

RIO DE JANEIRO. KAZINFORM - The states in North Brazil over the last few months showed the most significant response to the recovery in retail sales after the pandemic. The figures can be found in a survey by the country’s National Confederation of Trade of Goods, Services, and Tourism (CNC), with public data from various sources, Agencia Brasil reports.

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Tourism in Brazil loses US$70 billion and 474,000 formal jobs to pandemic

According to the National Confederation of Trade of Goods, Services, and Tourism (CNC), the sector was operating at about 48% of its monthly revenue capacity at the end of May this year.

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Brazilian households in default increase to 67 3% in April

RIO DE JANEIRO, BRAZIL - The share of families with debts in arrears increased in Brazil to 67.5% in April this year. In March, the percentage stood at 67.3%. The data were released yesterday, May 4th, by the National Confederation of Trade of Goods, Services and Tourism (CNC). The result from April this year is the highest since August 2020, when 67.5% was also recorded. The percentage of defaulters - people with unpayable debts . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here

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