News

Retail confidence increases slightly

02 de junho de 2016

May’s index went up 0.3% over the previous month. In comparison to May 2015, however, there was a decline of 7.2%.

Rio de Janeiro – The improvement in retailers’ expectations over the current scenario and the next few months drove the Retailer Confidence Index (Icec) up in May again, reaching 81.04 points in the seasonally adjusted series, an increase of 0.3% over the previous month.

The finding is from the National Federation for Trade in Goods, Services and Tourism (CNC). According to the CNC, the improvement in expectations over the current scenario went up 0.8%, while expectations over the next few months increased 0.4%.

Seasonally adjusted, May’s index stood at 79.2 points. Despite the improvement, the index that measures retail’s confidence is still 7.2% below the mark registered by the index in May 2015.

*Translated by Sérgio Kakitani