The Debt Trap: Brazilian Households in Financial Strain

(Analysis) In July 2024, Brazilian household debt decreased slightly to 78.5%, marking a 0.3 percentage point drop from June. Despite this decline, the first since February, levels remain high compared to both earlier in 2024 and July 2023. The Consumer Debt and Default Survey (Peic) from the National Confederation of Commerce of Goods, Services, and […]