Number of Brazilian Micro and Small Companies in Default Breaks Historical Record

5.4 million small businesses were in arrears in May, according to Serasa Experian. Compared to the same period in 2018, there was a 6.9 percent increase.

RIO DE JANEIRO, BRAZIL - Default by micro and small businesses broke a record in May, reaching 5.434 million, according to data from Serasa Experian. This is the largest number in the historical series, which began in March 2016.

Compared to May of last year (a month marked by the truckers' strike), there was a rise of 6.9 percent in the number of companies in the segment with debts in arrears. In . . .

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