Brazilians Plan to Spend 11% More on Mother’s Day in 2018

Brazilian consumers preferred clothing and perfume as presents for the Dia das Mães holiday.

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - A survey by the Brazilian Institute of Economics of the Getulio Vargas Foundation (IBRE-FGV) released last Thursday, May 10th, reveals that Brazilians intend to spend more this year on Dia das Mães, or Mother's Day (on Sunday, May 13th), compared to last year.

The average value of those Mother's Day gifts rose eleven percent to R$108, compared to an average . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?