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19/04/2017 - 13:57hs

Purchase intentions decline in April

Brazil’s National Federation of Trade reports that consumption plans by families were down 0.5% in April from March.

Rio de Janeiro – The Families’ Purchase Intentions index from Brazil’s National Federation of Trade (CNC) slid 0.5% in April from March this year. Year-on-year in April, however, the index was up 6.2%.

The 0.5% month-on-month drop was driven by consumer perceptions regarding their career prospects (down 2.4%) and the moment deemed adequate for purchasing durable goods (down 3.8%).

Five components of the Families’ Purchase Intentions improved in April from March: installment purchases (1%), purchase plans (0.6%), current job (0.4%), current level of consumption (0.4%) and current income (0.3%).

*Translated by Gabriel Pomerancblum

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