Demand for Consumer Credit Falls 4%

According to the Boa Vista SCPC, demand for consumer credit fell 4% in the first quarter of 2017 in comparison with the same period of the previous year. In assessing the cumulative values in 12 months (April through March 2016 2017 before the 12 months background) there was no retraction of 9.3%, while in the analysis before there was fall of 1.9% annual rate. Monthly comparison against February there were 2.2% high-data with seasonal adjustment. The entity, with the prospect of interest rates and inflation reduction, States that agents should increase confidence and thus contribute to the growth in demand for credit from the second half of this year.