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Brazil: Indebtedness reached file excessive in September, says CNC

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On Monday, October 10, Brazil’s Nationwide Confederation of Commerce of Items, Providers, and Tourism (CNC) mentioned indebtedness reached 79.3% of Brazilian households in September.

The Client Indebtedness and Delinquency Survey (Peic) confirmed that that is the file of the historic sequence in Brazil, which started in 2010.

It rose 0.3 proportion factors in comparison with August. It was additionally the third consecutive enhance in 2022.

The CNC said, nevertheless, that the rise in family indebtedness slowed down in comparison with earlier months.

In comparison with September final 12 months, the whole variety of households with money owed falling due rose 5.3 . . .

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