RIO DE JANEIRO, BRAZIL - Consumer confidence in Brazil fell in November for the second month in a row, a survey showed on Wednesday, reflecting growing concern over the COVID-19 pandemic and its impact on the economy, and the looming end of emergency government income transfers.
Government officials have trumpeted the economy’s ‘V-shaped’ rebound from the depths of recession earlier this year and are bullish on next year, which they say could see the economy growing by 4% or even more.
But the Getulio Vargas Foundation’s (FGV) consumer confidence index for November suggests consumers are becoming increasingly . . .