Household Consumption Intention (ICF) grew 1.8% in the passage of February for March this year. It is the third consecutive increase in the indicator measured by the National Confederation of Trade in Goods, Services and Tourism (CNC) and released today (23). With the result, the ICF reached 78.1 points.
The high of February for March was driven by six of the seven ICF components. The highest growth rates were observed in the assessments of current income (3.2%), professional perspective (2.8%) and current employment (2.6%).
The current consumption level (1.7%), access to credit (1%) and the time to purchase durable goods (0.8%) also increased. The only component in decline was the consumption outlook (-1.2%).
In comparison with March 2021, consumption intention grew 5.9%, due to increases in five components, with emphasis on current employment (13.4%) and consumption perspective (16%). The current consumption level (10.8%), current income (9.7%) and professional perspective (3.1%) also grew.
The following components fell: time to purchase durable goods (-9.9%) and access to credit (-5.2%).
