The Consumer Confidence Index (ICC) in the Brazil economy fell to 111.0 points in August according to Dow Jones.
The Brazilian economic news makes it the first decline in the Consumer Confidence Index (ICC) in six months which is interesting considering how well the Brazil economy has weathered the global recession storm.
The Consumer Confidence Index (ICC) measures the willingness of Brazilian families to buy consumer goods through as many as 2,000 interviews in seven Brazil cities. The index also considers income and employment expectations.
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