Article GF96 Brazil down, Great Britain up: global confidence in the economy

Brazil down, Great Britain up: global confidence in the economy

by
George Arnett
from on (#GF96)

Global research by Ipsos Mori also shows that Brazilians' confidence in their economy has declined considerably during the last five years

Brazil has been through a lot in the past couple of years (and that is not limited to the national football team's 7-1 thrashing by Germany in the semi-final of their own World Cup). In June, the Latin American powerhouse posted its worst economic results in six years with a year-on-year drop of 1.6% in GDP.

This economic faltering is being felt by the country's inhabitants. Three years ago, 57% of Brazilians thought their economy was in good health, according to the results of a global poll by Ipsos Mori. But the latest figures for July this year show that figure has now dropped to just 12%, although that is a small rise on the 9% recorded in June.

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