72% Say Brazilian Economy Is Worse, Datafolha Survey Shows

06/11/2018 - 11h23

A Datafolha survey shows that the perception of a deteriorating economy in the country is spreading among Brazilians.

Seventy-two percent of the country's population feel that the economy became worse in recent months, while only 6% believe it is better. It is the worse figure since February 2016, when the country was still facing a strong recession.

In the previous study, held in April this year, 52% had a pessimistic opinion of the country's situation. Since then, uncertainties regarding the perspectives of growth have increased.

The worldwide phenomenon of dollar appreciation against local currencies was felt in Brazil deeply due to doubts regarding the country's budget solidity and the presidential elections.

Also, the recent truck drivers' strike exposed the government's weakness and led to new public expenditure.

Thirty-two percent of those interviewed said that the economic scenario will worsen even more in the coming months, while 26% said they believe it will become better.

Regarding their personal experiences, 49% said they have felt setbacks. Only 10% said their situation improved.

Translated by THOMAS MUELLO

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