{"id":48922,"date":"2014-09-09T18:42:00","date_gmt":"2014-09-09T20:42:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/insolvency-rate-up-in-august\/"},"modified":"2019-06-30T13:04:47","modified_gmt":"2019-06-30T16:04:47","slug":"insolvency-rate-up-in-august","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/insolvency-rate-up-in-august\/","title":{"rendered":"Insolvency rate up in August"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Brazilian consumer insolvency was up 17.2% year-on-year in August, as per a report released by consulting firm Serasa Experian this Tuesday (9th). In August from July, overdue debts declined by 0.2%, but according to Serasa Experian August had fewer working days than July, which influences the insolvency calculations.<\/p>\n<p> According to the survey, the surge in insolvency in August was the most dramatic since June 2012 and reflects Brazil&#8217;s current&nbsp; economic&nbsp;scenario. According to a press release disclosed by Serasa Experian, the higher default rate &ldquo;reflects a more adverse situation this year as regards the consumers&#8217; debts payment capability: higher inflation rate, high interest and a weakening of the job market.&quot;<\/p>\n<p> In August from July, non-banking debt (retail, credit cards and financing companies) was up 2.9%, debt to banks was down 0.8%, debt claims were down 18.8% and bounced cheques were down 12.7%. Year-to-date through August, insolvency is up 2.5% from the same period of last year.<\/p>\n<p><strong>*Translated by Rodrigo Mendon&ccedil;a<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Default grew by 17.2% from the same period in August 2013, but decreased slightly from July, according to data from the consulting firm Serasa Experian.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-48922","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Default grew by 17.2% from the same period in August 2013, but decreased slightly from July, according to data from the consulting firm Serasa Experian.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=48922"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48922\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=48922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=48922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=48922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}