Consumer confidence rose by the most in 6 months compared to lower inflation and higher employment, says FGV | Brazil

The Consumer Confidence Index (ICC) rose by 1.3 points in November, to 89.8 points, the Brazilian Institute of Economics of the Fundação Getulio Vargas (FGV/Ibre) reported on Monday (24). The increase, which took the index to its highest level in December 2024 (91.3 points), was the largest since May (1.9 points), said Ana Carolina Gouveia, economist at FGV/Ibre.