Brazil's consumer confidence rises slightly in December

martes 23 de diciembre de 2014 06:23 GYT
 

SAO PAULO, Dec 23 (Reuters) - Consumer confidence in Brazil
remained close to six-year lows in December despite a slight
improvement from the prior month, according to a private survey
released on Tuesday.
    The Getulio Vargas Foundation (FGV) said its confidence
index rose to 96.2 in December from 95.3 in November. Last
month's result had been the lowest since December 2008. 
    The index, the main gauge of consumer confidence in Latin
America's largest economy, had been falling steadily since April
2012 on mounting concerns about high inflation and sluggish
economic growth.
    "The results indicate that families remain cautious about
their budgets," FGV economist Tabi Santos said.
    
 
  (level)                  Latest mth  Previous mth   Year ago
 Confidence index          96.2        95.3           111.2
 Current situation index   96.8        96.6           118.1
                                                      
                                                      
 Expectations index        96.8        94.7           108.4
    

 (Reporting by Silvio Cascione; Editing by Alison Williams)