Economy
Savings accounts record net inflow of BRL 2.59 billion in June
It marks the first positive month of 2023
Andreia Verdélio
Published on 07/07/2023 - 12:40
Agência Brasil - Brasília
Following six months of net withdrawals and a record low in May, the balance of investments in savings accounts in Brazil rebounded in June. According to a report released on Friday (Jul. 7) by the Brazilian Central Bank, deposits exceeded withdrawals by BRL 2.595 billion last month.
This positive outcome stands in contrast to June of the previous year, when Brazilians withdrew BRL 3.755 billion more than they deposited into savings accounts.
In June, a total of BRL 331.864 billion was invested, while withdrawals amounted to BRL 329.269 billion. Notably, BRL 6.278 billion in income was credited to savings accounts.
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