Business Calotes grow 2.15% in April

The number of companies with overdue accounts rose 2.15% in April in relation to the same month last year, according to data that will be released on Friday by the National Confederation of Shopkeepers (CNDL) and the Credit Protection Service (SPC Brazil). In comparison to March, without seasonal adjustment, there was, however, a reduction of 0.85% in the delinquency of the companies. With the weak Brazilian economy, the tendency to increase the company's default follows, but at a more moderate pace.