Friday, August 19, 2016

Intention of advancing 0.9% consumption in August

São Paulo-for the first time in six months the intention of household consumption (ICF), established by the National Confederation of trade in goods, services and tourism (CNC) recorded an increase in the monthly comparison: 0.9% between July and August.
On a scale of 0 to 200, the ICF reached 69.3 points, pulled into the positive variation in all seven index components. The annual variation, however, there was a retreat of 15.3% and the result still shows a bad perception, since it is well below the so-called zone of indifference, of 100 points. "Even with the loss of strength in inflation and its favorable impact on sales, consumer confidence is still fragile because of the rising cost of credit and instability in the labour market", explains economic advisor of CNC, Juliana Serapio. According to economic advisor, the only component above 100 points, assessing the current job, showed advancement of 1.6% compared to July, the best index of the year.
The beat indicator the 102.3 points and presented, however, a fall of 5.6% over the same period last year. The percentage of families who feel safer in relation to employment at the moment is of 28.9%.
Consumption
With 44.2 points, the Current Consumption level rose 0.5% from the previous month, the balance of the CNC. Compared to the previous year, there was a fall of 29% of the indicator. Most of the families said he was with the lowest consumption level than last year: 66%, which can stop the plans of new acquisitions, signaled in polls of the Federation of trade in goods, services and tourism of the State of São Paulo in Brazil.
Impacted by the high cost of credit, the high level of debt and rising unemployment, the intent of the Term Purchases fell 20.9% in comparison with August 2015. With 64 points, presented a rise of 1.1 percent compared to July. Among the sectors that most feel that tightness in the projections, the line of appliances, electronics, furniture and cars, which have a greater dependence on credit for accomplishment.
By segment
The indicator of the National Confederation of Commerce pointed out that August was the first month since February, when the moment for Durable item registered positive variation, with 2.1% higher than in July. With 41.9 points, had a retreat of 22.8% compared to the same period in 2015.
Most of the families-76.3%-considers the moment unfavourable for the acquisition of durable, high expectation on sales of companies in the sector for the second half.
Expectations
The families showed slight increase of 0.5% in perspectives in relation to the labour market in the monthly comparison. Already compared to the same period last year, there was a fall of 5.4% and the index stood at 94 points. Nearly half of families-48.6%-considers negative scenario of the next six months. With high of 0.4 percent compared to July, the item consumption Perspective reached 53.6 points fall to 20.4% in 2015.
Less negative expectations for the second half led to the CNC review your projections for the restricted retail-5.6%-5.4% at the end of 2016. There were also revised the projection to the enlarged retail (which includes automobiles and building materials) of-10.6% to -9.8%.
Supermercado Moderno News Item translated automatically
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