Consumer confidence in Brazil rises for first time in 2 months -FGV

SAO PAULO, Oct 25 (Reuters) - Consumer confidence in Brazil rose for the first time in two months in October, supported by an upward revision in expectations over family finances due to a better job market outlook for the coming months, Fundacao Getulio Vargas said on Monday.

Brazil's consumer confidence index for October rose by 1 percentage point from the previous month to 76.3, according to FGV.

Viviane Seda Bittencourt, responsible for the index at FGV, said that despite the monthly rise, Brazilian consumers remain cautious regarding buying durable goods. She cited the rising uncertainties and prices in the country. (Reporting by Jose de Castro; Writing by Gabriel Araujo; Editing by Giles Elgood and Angus MacSwan)

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