Demand for credit is advancing 1.4% in November

Consumer demand for credit in November grew for the seventh consecutive time. During the penultimate month of the year there was rise of 1.4%, compared to the same period in 2016. Compared to October, the high was 1.3%. The data are from Serasa Experian Indicator. Year to date, by November, the demand for credit builds up 4.2 percent expansion. The growth in demand for credit in November was driven by consumers, who receive up to R $500, where grew 23.4%. For the other classes, there was a fall.