SAO PAULO--Support for Brazilian President Dilma Rousseff increased, although it still remains far from the record level earlier this year, as inflation showed signs of slowdown.
According to a poll published on Saturday, 36% of respondents described Ms. Rousseff's administration as "excellent or good."
The previous poll was published in June, with a 30% approval rating. This was the lowest level during her tenure as voters rejected her response to the wave of protests that has seen hundreds of thousands of Brazilians turn out in that month, demading improvement of public services and combat against the corruption.
Despite the increase, the current approval rate level remains well below the historic level of approval of 65% from March. Behind the higher approval rate are signs of an inflation slowdown.
In July, the consumer price index climbed 0.03%, compared with an increase of 0.26% in June, according to statistics institute IBGE.
The rolling 12-month IPCA index was down at 6.27% at the end of July from 6.7% through the end of June.
President Rousseff said Friday that inflation is under control in Latin America's biggest economy and reiterated her commitment to keeping down prices, even as she works to increase employment and wages.
Ms. Rousseff said "this [July inflation] shows the drop [in inflation] and control over inflation, which we won't give up on."
She said her government is committed to controlling inflation, but also to creating jobs and improving the well-being of Brazilians. Datafolha interviewed 2,615 voting-age Brazilians nationwide on July 7 and 9. The poll's margin of error is two percentage points.
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According to a poll published on Saturday, 36% of respondents described Ms. Rousseff's administration as "excellent or good."
The previous poll was published in June, with a 30% approval rating. This was the lowest level during her tenure as voters rejected her response to the wave of protests that has seen hundreds of thousands of Brazilians turn out in that month, demading improvement of public services and combat against the corruption.
Despite the increase, the current approval rate level remains well below the historic level of approval of 65% from March. Behind the higher approval rate are signs of an inflation slowdown.
In July, the consumer price index climbed 0.03%, compared with an increase of 0.26% in June, according to statistics institute IBGE.
The rolling 12-month IPCA index was down at 6.27% at the end of July from 6.7% through the end of June.
President Rousseff said Friday that inflation is under control in Latin America's biggest economy and reiterated her commitment to keeping down prices, even as she works to increase employment and wages.
Ms. Rousseff said "this [July inflation] shows the drop [in inflation] and control over inflation, which we won't give up on."
She said her government is committed to controlling inflation, but also to creating jobs and improving the well-being of Brazilians. Datafolha interviewed 2,615 voting-age Brazilians nationwide on July 7 and 9. The poll's margin of error is two percentage points.
nasdaq.com
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