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Brazil’s consumer confidence rises to 7-month high in June – FGV

RIO DE JANEIRO, BRAZIL - Consumer confidence in Brazil rose in June to a seven-month high, a survey indicated on Thursday, a third consecutive increase as households looked through the current wave of covid-19 to brighter economic prospects in the coming months.

The Getulio Vargas Foundation's (FGV) consumer confidence index rose 4.7 points to 80.9 points in June, the highest since November, FGV said, with future expectations rising much faster than the current conditions index.

"For the first time since July last year, intentions to buy durable goods has risen more sharply, which seems related to . . .

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