S\u00e3o Paulo \u2013 Household Spending Intention (ICF, in the Portuguese initialism) in Brazil grew 2% in July, achieving the second consecutive high. The index reached 68.4 points, the highest level since April. The result was 3.5% above that registered in the same period of 2020.<\/p>\n
However, it remains below the satisfaction level (100 points). The results of the survey, carried out by the Brazilian Confederation of Goods Trade, Services, and Tourism (CNC), were released this Wednesday (21) in Rio de Janeiro.<\/p>\n
\u201cThe greater confidence of families in the stability of the positive trend in the labor market, the availability of emergency aid, and an increasing portion of the population already vaccinated favored consumption conditions,\u201d said, in a statement, the president of CNC, Jos\u00e9 Roberto Tadros.<\/p>\n
Consumption in the spotlight<\/strong><\/p>\n As in June, all sub-indices of the survey recorded positive results, with highlights on the Consumption Outlook, which rose 5.1% compared to June, reaching 66.8 points. The index presented the highest growth in the month and revealed an improvement in the perception of Brazilians regarding future purchases.<\/p>\n \u201cFamilies expect that this more positive economic environment perceived in the short term will be extended to the long term,\u201d stated the economist at CNC in charge of the research, Catarina Carneiro da Silva.<\/p>\n The Current Consumption Level also improved, advancing 2.2%, reaching the highest level since March this year (53.1 points). \u201cThis increase was a result of the improvement in consumption conditions, with a reduction in the percentage of families who consider their consumption to be lower (59%, against 60.3% last month and 62.6% in July 2020), and even more intense growth than in the previous month (4.7%) in the perception of the timing for the purchase of durable goods,\u201d said the economist.<\/p>\n Durable goods<\/strong><\/p>\n Despite remaining as the lowest index in July, the Durable Goods Purchase Timing, which assesses what consumers think about the purchase of goods such as appliances, electronics, cars, and real estate, attained the highest level since April and soared even more intensely than in the previous month (4.7%), reaching 40.8 points. \u201cIn the wake of this advance, there was a reduction in the percentage of families who believe it is a bad moment for purchases of this type of product: 77.2%, below the 77.7% of the previous month and 78% in July 2020,\u201d reported the CNC.<\/p>\n Translated by El\u00fasio Brasileiro<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Data is measured by the Brazilian Confederation of Goods Trade, Services, and Tourism. The index reached 68.4 points and has had its highest level since April.<\/p>\n","protected":false},"author":2315,"featured_media":296313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91,114],"tags":[9534,22238,28860,7607,42267,1836,22239],"class_list":{"0":"post-296315","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"category-news","9":"tag-brazil-en","10":"tag-brazilian-trade-confederation","11":"tag-comercio-en-3","12":"tag-commerce","13":"tag-consumo-en","14":"tag-consumption","15":"tag-purchase-intention"},"wps_subtitle":"Data is measured by the Brazilian Confederation of Goods Trade, Services, and Tourism. The index reached 68.4 points and has had its highest level since April.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/296315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=296315"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/296315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/296313"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=296315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=296315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=296315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}