Pessimism of Brazilians Increases As They Fear Income Loss

Concern, a majority among the poorest, is already advancing among the richest, according to Datafolha

Brazilians are feeling more pessimistic. As the coronavirus progresses, more people expect their income to decrease due to the paralysis of economic activity.

According to a survey conducted by Datafolha last week, 69% predict that their earnings will fall in the coming months, and only 30% think that this will not happen. In March, such percentages were 57% and 43%.

Concern, a majority among the poorest, is already advancing among the richest, according to Datafolha Rivaldo Gomes/Folhapress, NAS RUAS - Folhapress


Among the poorest, with gains of up to two minimum wages, those who expect to lose income were 61% and now are 73%.

Among those with income above ten minimums, the range went from 49% to 67%.

Among the richest, pessimism also skyrocketed. In March, 55% of those interviewed foresaw a prolonged crisis. Last week, the bloc increased to 71%. 37% already expect losses for a long time.

Translated by Kiratiana Freelon

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