SÃO PAULO—Brazil’s main consumer confidence index dropped in February to its lowest level since May 2009 due to the country’s tepid economic activity and continued inflationary pressures, the Getulio Vargas Foundation, or FGV, said Monday.
FGV said its consumer confidence index for February was 107.1 points, down from 108.9 in January. It was the lowest level since May 2009, when it reached 103.6 points. The index has a 1-200 point…
View original post here: Brazil Consumer Confidence Lowest Since May 2009
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