Financial decision-maker sentiment: Brazil

An ongoing look at how the attitudes of financial decision makers in Brazil are evolving during the COVID-19 pandemic.

Almost all financial decision makers in Brazil view the current economy as neutral or weak while a third expect it to improve in the next three months, an increase of almost 20 percentage points over the lowest datapoint in May. Similarly, most report decreased household income and savings over the past month, and over 60 percent have concerns about their job security. The majority of respondents feel banks are performing per their expectations, but would like them to waive late fees on payments; In terms of how respondents interact with banks, over 40 percent expect to use more Mobile and Online banking after COVID-19 crisis. Most consumers are unsure about the economic situation after the COVID-19 crisis, with only 17 percent pessimistic about the future scenario.

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