Brazil credit growth slows to 0.3% in Sept; 12-month rate eases to 8.3%

Brazilian credit concessions fell 3.2% month-on-month in September, pulling the 12-month growth rate down to 8.3% from 9.2% in August, per Febraban. The deceleration signals cooling domestic demand and tighter lending conditions, which may weigh on near-term growth but also ease inflation pressure.

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