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Consumer default falls in the first quarter

Credit

São Paulo was the city that registered the most expressive drop in the index of default

Consumer default in the country fell 1.1% in the first half of the year compared to the same period of 2016. In the state of São Paulo, the same comparison, the fall was 1.6%. The data were released on Wednesday (26) by Boa Vista SCPC.

The consumer credit recovery indicator - which measures consumer exclusions from the delinquent registry - increased by 0.4% in the Country in the first quarter. In the state of São Paulo, the increase was 1.4%.

The city of São Paulo registered a significant fall in the delinquency rate in the first quarter of 4.3%. The credit recovery indicator in the municipality improved, with a 0.7% increase.