Home Brazil Brazilians’ Optimism About the Economy Falls After Bolsonaro, Says Survey Research

Brazilians’ Optimism About the Economy Falls After Bolsonaro, Says Survey Research

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The percentage of Brazilians who believe the country’s economic situation will improve in the coming months has dropped from 65 percent in December to 50 percent this month, while those who believe the scenario worsens have gone from 9 percent to 18 percent, according to Datafolha Institute survey released on Monday.

The survey, the first on population expectancy about the economy after the inauguration of President Jair Bolsonaro, marks an unprecedented worsening in this kind of expectation at the beginning of a first presidential term since the beginning of the historical series in December 1997, according to the Folha newspaper.

Survey also pointed out that Brazilians are less optimistic about their own economic situation. According to the survey, 59 percent rely on an improvement, up from 67 percent in December, and 11 percent predict a worsening, down from 6 percent in the past survey.

Datafolha Institute heard 2,086 Brazilians aged 16 or older in 130 municipalities, on April 2nd and 3rd. The margin of error is two percentage points more or less, according to Folha newspaper.