Brazilian families end 2021 with record debt; highest in 11 years -survey

According to the survey, last year set a record for the total number of indebted families, registering an average of 70.9% of Brazilian families, while December reached an all-time high with 76.3% of all families. According to the CNC, families resorted more to credit to sustain consumption.

RIO DE JANEIRO, BRAZIL - The average indebtedness level of Brazilian families in 2021 was the highest in 11 years, according to the Survey of Consumer Indebtedness and Delinquency (Peic), released today (18) by the National Confederation of Trade of Goods, Services and Tourism (CNC).

According to the survey, last year set a record for the total number of indebted families, registering an average of 70.9% of Brazilian families, while December reached an all-time high with 76.3% of all families. According to the CNC, families resorted more to credit to sustain consumption.

In the evaluation per income bracket . . .

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