Brazil’s consumer confidence fell below the neutral threshold for the first time under President Lula’s administration, dropping to 48.9 points in February 2025, according to an Ipsos survey. This marked a 2.2-point decline from January and a 9.1-point annual drop—the second-largest among 29 surveyed economies. The FGV-IBRE Consumer Confidence Index also hit 83.6 in February, […]