Debt, high interest rates undermine consumer confidence
FGV index shows biggest drop in a year 01/27/2026 The Consumer Confidence Index (ICC) fell 1.8 points to 87.3 points in January 2026, according to Fundação Getulio Vargas (FGV). This was the sharpest drop since January 2025 (-4.4 points) and brought the indicator to its lowest level since October 2025 (87 points), said Anna Carolina Gouveia, an economist at […]
