RIO DE JANEIRO, BRAZIL - The Household consumer spending intention (ICF), as measured by the National Confederation of Trade in Goods, Services, and Tourism (CNC), fell 1.7 percent from June to July this year and reached 89.8 points, on a scale of zero to 200 points -- the fifth consecutive monthly drop in the indicator.
The seven ICF components dropped, particularly in terms of consumption (3.2 percent) and the moment deemed appropriate for the purchase of durable goods (3.8 percent).
"The variation of 1.7 percent shows, for the fifth time, the drop in the index, pointing to . . .