Extended retail sales interrupt sequence of 35 negative rates
July 12, 2017 09h00 AM | Last Updated: July 24, 2017 05h00 PM
In the comparison with May 2016, the sales of the extended retail, which include the sectors of cars and construction material, grew 4.5%, interrupting a sequence of 35 negative rates in a row in this comparison. According to Isabella Nunes Pereira, IBGE researcher, this performance was influenced by the sales of care, which in May 2017 recorded increase of 4.5%, after a sequence of 38 months of negative rates for the activity.
It is worth mentioning that in May there is the Mother's Day celebration, which is a date when the retail trade historically achieves positive rates. However, Isabella claims that due to the crises, in the last two years in May retailers have recorded drops (of 4.5% in 2015 and of 9.0% in 2016):
"In 2017, May registered an increase of 2.4%, therefore this result is the best one for the month in the last three years. Nevertheless, the influence of Mother's Day in May 2017 must not be overestimated: there is a low comparison base [the year of 2016] and the influence of the calendar effect, since May 2017 [22 days] had one workday less than May 2016 [21 days]".
Over May 2016, five activities presented positive performances
The highlight belongs to the activity group with the sales influenced by Mother's Day: furniture and household appliances (13.8%); fabric, apparel and footwear (5.0%); other articles of personal and domestic use (2.6%); pharmaceutical and medical goods, cosmetic and toiletries (3.8%); office, computer and communication equipment and material (8.8%).
Text: Marcelo Benedicto
Photo: Matt Wagner-Smith / Wikimedia
