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FX.co ★ Brazil Thomson Reuters IPSOS PCSI Drops in May 2024

Brazil Thomson Reuters IPSOS PCSI Drops in May 2024

In May 2024, the Brazil Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) recorded a decrease, falling to 51.69 from the previous month's figure of 53.31, according to data updated on 08 May 2024. This drop indicates a decline in consumer sentiment in Brazil during the period. The Thomson Reuters IPSOS PCSI is a key economic indicator that reflects the perceptions of consumers regarding the current economic situation, household finances, job security, and spending intentions. The latest data suggests a shift in consumer confidence, which can have implications for the economic outlook and consumer behavior in the country.

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