India, June 24 -- Confidence among Brazilian consumers decreased for the second straight month in June, though slightly, a survey by the Getulio Vargas Foundation showed on Wednesday.
The seasonally adjusted FGV IBRE consumer confidence index was almost unchanged at 88.7 in June versus 88.7 in May. Any score below 100 indicates a pessimistic outlook.
The slight fall in confidence was mainly attributed to the expectations index, falling to 90.4 from 91.3 in May. Meanwhile, the sub-index for current conditions improved from 86.1 to 87.0.
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