Economy

Panel SA: Entrepreneurs are more pessimistic about default, says survey

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The share of entrepreneurs who believe in the fall in delinquency levels by the end of 2022 decreased in the second quarter compared to the previous three months, according to a survey by the analytical intelligence company Boa Vista.

The percentage was above 40% in the first quarter, but has now dropped to 35%. About 40% believe in stability.

The scenario is a reflection of the combination of high inflation, interest rates and external factors, such as the Ukrainian War and the lockdown in China.

Despite being more pessimistic, 68% of entrepreneurs intend to increase investments in their businesses by the end of the year, and 66% will seek credit in the market.

Joana Cunha with Paulo Ricardo Martins and Gilmara Santos

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