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Consumer Confidence Plummets Due to Pandemic

RIO DE JANEIRO, BRAZIL - The Consumer Confidence Index (CCI), measured by the Getulio Vargas Foundation (FGV), dropped 7.6 points between February and March. With the slump, the indicator reached 80.2 points on a scale of zero to 200 points, its lowest since January 2017 (78.3 points).

The Current Situation Index, which measures confidence in the present, dropped 4.8 points to 76.1 points, its lowest level since Subscribe to our Premium Membership Plan. Already Subscribed?

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