REFILE-Brazil's consumer confidence rises in April for 1st time in 2015

April 27, 2015 11:22 AM

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(Replaces Internet data link) BRASILIA, April 27 (Reuters) - Consumer confidence in Brazil rose for the first time this year in April, a private survey showed on Monday, bouncing off record lows despite widespread signs of a recession.

Consumer confidence as calculated by the Getulio Vargas Foundation (FGV) rose to 85.6 in April from 82.9 in March, even though more than three quarters of Brazilian consumers still consider the current economic situation as "bad". "Consumer confidence remains at an extremely low level by historical ...

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