Family consumption Grows in October

Research conducted by representatives of the retail sector, suggest that the economy is approaching the resumption in consumption. According to the intention of household consumption (ICF), the index rose to 73.5 points in October and reached the highest level since July of last year. Compared to September, the growth was 5.2% and compared to the same month of 2015, the high was 8%, the fourth consecutive high the bookmark. The ICF, determined monthly by FecomercioSP, ranges from zero to 200 points. When appears below 100 points, indicating dissatisfaction. At the other end, the entrepreneur confidence index of Commerce (Icec), accompanies the consumer indicators. In October, reached 97.3 points.