Intention of household consumption rises 5.2% in October

With the fourth consecutive high, the ICF (intention of household consumption) reached 73.5 points in October, the highest level since July of last year. Compared to September, the growth was 5.2% and 8% annual counterpoint. The ICF is determined monthly by FecomercioSP (Federation of trade in goods, services and tourism of the State of São Paulo) and ranges from zero to 200 points, and below 100 points means dissatisfaction and above 100, satisfaction in relation to conditions of consumption.
The São Paulo jobs also improved employment expectations. The Professional Perspective item reached 109.3 points in October. The value is 2.2% higher than that seen in September and 15.8% over the same month of 2015. Are 52% of the citizens of the city of São Paulo that evaluate the charge of the home may have a professional improvement in the next six months. The item''s current job is getting closer to returning to the area, and in October reached 97.4 points, 4.1% growth over the previous month and 3.2% in comparison with the same period of the previous year.