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Brazil's Consumer Sentiment Rebounds In September

9/24/2012 7:18 AM ET

Consumer confidence in Brazil improved in September, after deteriorating for four consecutive months, data released by the Getulio Vargas Foundation showed Monday.

The headline consumer confidence index increased to 122.1 points in September from 120.4 points in August, marking an improvement in sentiment following four months of continuous deterioration.

The sub-index that measures households' views of the current economic situation rose to 136.4 points in September from 133.5 points in the previous month.

Consumers were more optimistic about the general economic condition in the coming months, with the relevant indicator advancing to 115 points from 113 points in August, data showed.

by RTT Staff Writer

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