CNC Records fall in Confidence of 7.7%

The entrepreneur confidence index of Commerce Icec, determined monthly by national commerce Confederation for goods, services and tourism, CNC, dropped to 93.9 points in March. The Icec retreated 7.7%, with seasonal adjustments, compared to February 2015 and 19.5% compared to the same period last year. All nine components of research reached the lowest levels of historical series, initiated in March 2011. CNC revised to 1.0 percent growth expected in the volume of sales for 2015. In February the authority projected high of 1.7%.