Intention of household consumption grow 1.1% in March, says CNC

In March, the intention of household consumption (ICF), measured by the National Confederation of trade in goods, services and tourism (CNC), rose 1.1% compared to last month, and 12.6%, compared to the previous year. However, the result below the zone of indifference of 100 points, on 88 points, indicating a slow recovery of households ' optimism. All sub-indices of the ICF recorded improvement. Even so, most of the families (53%) declared to be with the lowest consumption level than last year. The Current Consumption level advanced 0.6 percent, with the Time component for Durable advancing 2 percent. In comparison to 2017, the Current Consumption level registered increase of 23.6%. The indicators related to employment were the only ones who stayed above the zone of indifference. The Current Job component registered 113.5 points, with high of 1% from the previous month, and what measures the job market prospects reached 105.6 points, with an increase of 0.5%, compared to February, and 2.6% on a year earlier.