Household Consumption Intention (ICF), measured by the National Confederation of Commerce in Goods, Services and Tourism (CNC), grew 2.7% from March to April. It was the fourth consecutive rise of the indicator, which reached 78.5 points on a scale of 0 to 200 points, the highest level since May 2020 (81.7 points).
The indicator is still below the satisfaction level (100 points), which has been happening since April 2015. In comparison with April 2021, there was an increase of 11.1%, according to CNC.
Compared to March this year, all seven ICF components were up. The highlights were the professional perspective (5.7%), current income (3.4%) and time to purchase durable goods (3.3%). With a growth of 2.8%, current employment achieved the highest score (103.9) among the components and was the only one above the satisfaction level.
In comparison with April 2021, five components increased, with emphasis on consumption perspective (20.1%), current employment (16.9%) and current consumption level (16.6%). Two components fell: time to purchase durable goods (-4.3%) and access to credit (-2.1%).