Survey shows expectations about economic recovery after pandemic

A survey released this Friday (12) by the Brazilian Federation of Banks (Febraban) shows that almost half (49%) of those interviewed believe that their finances will return to the level they were before the covid-19 pandemic within a year. Of these, 21% are betting that the recovery could happen even faster, within six months.

This is the Febraban Observatory, a monthly study that maps the population's view of issues that impact Brazil. In this research, Febraban seeks to identify how people have overcome fears and uncertainties in resuming economic activities in the country due to the new coronavirus pandemic.

According to the survey, 37% of those interviewed plan to reduce their travel – which may indicate fear of contamination by Covid-19. Still fearing the virus, a percentage of 27% of the ears want to increase work from home and 28% plan to use delivery services more. The survey also identified that 45% of those interviewed say they will dedicate more time to their family and children and 30% intend to increase purchases made via e-commerce.

The Observatory points to optimism among the Brazilian banked population about the prospect of individual and family financial recovery. There is, for example, an intention to maintain or increase the frequency of supermarkets in 78% of those surveyed. Other businesses also register high intentions to continue or increase frequency, such as beauty salons (66%), street commerce (55%), bars and restaurants (47%) and shopping malls (47%).

Carried out by the Institute for Social, Political and Economic Research (Ipespe), the first edition of the new Febraban Observatory interviewed a sample of a thousand people representing the adult banking population, from all regions of the country, between the 1st and 3rd of June.

Source: DATA

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