Consumer lending in Brazil is likely to recover in the first
half of 2013, credit research company Serasa Experian said in a
report on Monday. Serasa's Consumer Credit Outlook index rose
1.4 percent in December to 100.3 points, reflecting a potential
upturn in the market for the first time in about a year.
The index is used as a forward-looking gauge of trends in
loan disbursements, because it predicts the factors driving loan
growth for the next six months. Declining delinquencies, rising
salaries and record-low interest rates are supporting a more
favorable credit outlook in coming months, Serasa said.