Interest takes up nearly 12% of Brazil families’ income

Approximately six percent of the gross domestic product (GDP) for the half-year and 11.79 percent of the income of families were compromised by interest in the first half of 2021, a study by the São Paulo State Commercial Federation of Goods, Services, and Tourism (FecomercioSP) shows. The amount totaled $43.1 billion in the period—the equivalent […]

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