Neurotech: Credit searches rise 2% in June compared to May and advance 1.4%

Consumer demand for financing continued its upward trend in June, growing 2% compared to the 1% increase in May. This data comes from the Neurotech Credit Demand Index (INDC), which measures the number of financing requests in segments such as retail, financial institutions, and others on a monthly basis.

Compared to June 2024, the INDC increased by 1.4%, following a 0.6% decline in May year-over-year. The indicator measures the monthly number of financing requests in segments such as retail, financial institutions, and others.

According to Natália Heimann, leader of the Data & Analytics Business Unit for Credit at Neurotech and responsible for the INDC, with the likely stagnation of the Selic rate, the trend is that an improvement in consumer conditions will benefit the credit sector throughout the remainder of the year.

Since September, the Monetary Policy Committee (Copom) has raised the benchmark interest rate by 450 points to 15% per year. The rate is expected to remain unchanged in next Wednesday's decision, as the monetary tightening process ended in June, according to experts.

In June, the category that encompasses banks and financial institutions had the best result, with a 40% increase in the search for credit compared to the same month in 2024. The demand for retail financing grew 8% compared to June last year.

Companies

The search for credit by medium-sized companies (annual revenue of up to R$300 million) increased by 10% compared to June 2024. Among small companies, which have revenue of up to R$4.8 million per year, the increase was 7.5% in the annual comparison.