Brazil Consumer Confidence Index Drops in May -FGV

SAO PAULO--Brazil's main consumer confidence index dropped in May due to continued concerns with inflation pressures and signs of slowdown of the labor market, the private Vargas Getulio Foundation, or FGV, said Friday.

Brazil's January Unemployment Rises to 5.4% As Holidays End

RIO DE JANEIRO--Brazil's unemployment rate rose in January from December as companies let go of seasonal holiday workers, though joblessness remained near record lows.