RIO DE JANEIRO, BRAZIL - Although savings accounts have been negative since last year, that is, with profitability losing to inflation, Brazilians still believe it is a good investment. A survey conducted by C6 Bank/Datafolha indicates that out of every ten Brazilians, three believe that saving is a good choice when it comes to investing their money.
In August, the Broad National Consumer Price Index (IPCA) stood at 0.24 percent. Savings accounts (considering investments made from May 4th 2012) yielded 0,13 percent in August. Nevertheless, the last Central Bank survey pointed out that in August, deposits in saving . . .
This content is restricted to subscribers