Demand for credit Grows 1.2% in July

The companies ' demand for credit increased by 1.2% in July 2017, compared to same month of last year. The survey was conducted by Serasa Experian Indicator of companies ' Demand for credit. This result represents the first year-to-year high in six months-since the growth of 6.2% in January 2017. In comparison with June 2017, there was high of 6.0% in demand for corporate credit. In January to July 2017, demand for credit registered companies fall of 3.7% in comparison with the same period last year. In July 2017, companies in the service sector increased by 5.1% to your demand for credit in comparison with the same month last year. Industry and trade presented retractions of 4.3% and 1.3%, respectively.
Methodology the Serasa Experian Indicator of companies ' Demand for credit is built from a significant sample of approximately 1.2 million of CNPJ found monthly in Serasa Experian database. The amount of the TAXPAYER'S transactions specifically queried that configure any credit relationship between businesses and the institutions of the financial system or non-financial companies, is transformed into index number (2008 average = 100). The indicator is segmented by geographic region, industry and businesses.