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Uruguay: Consumer credit struggles to sustain new growth phase

RIO DE JANEIRO, BRAZIL - The consumer credit market posted strong demand in the last stage of the year, albeit with fluctuations according to socioeconomic brackets, and with firm pressure from the supply side, in an economy that recovered significantly in April-June and July-September, although it is also struggling to sustain a new phase of generalized growth in the several activity sectors, according to Pronto! Consumer Credit Market Monitor (MMCC).

The survey reported an improvement in consumers' expectations. It is the third time in which the proportion of people who see an upturn in the country's economic situation . . .

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