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After three months of increase, trade sales become stable in July

September 12, 2017 09h00 AM | Last Updated: September 22, 2017 01h51 PM

After three months recording positive increases in comparison with the previous month, in July, the volume of sales remained at the same level as in June and recorded a zero change (0.0%).

What accounts for this result is the repetition of the same volume of sales as in the previous month, differently from what happened to hypermarkets - a sector which recorded a positive change (0.7%), after a decrease of 0.3% in June.

According to Isabella Nunes, researcher from the IBGE, withdrawals of money from inactive FGTS accounts, a bigger control of inflation and positive wage bill are factors that contribute positively to hypermarket sales: “That is a very representative activity in the budget of families, mainly in those with the lowest income. People in extreme conditions will choose to buy more food in case they have a raise in income."

Retail trade has moderate recovery 

Against results of 2016, retail recorded the fourth positive result and extended trade, the third one, (which includes the activities of Vehicles, motorcycles, parts and pieces and Construction material).

“As a result, we see recovery in the cumulative index in 12 months. In spite of being negative for all the activities, when the evolution of the index is considered, the pace of decrease is reduced in all the activities. That confirms recovery of sales, though at a moderate pace right now”, explains Isabella.

Sales are still 8.7% below the record figure

Considering 2017, retail sales recorded positive results in the second quarter of the year, after a negative first quarter. According to Isabella, the month of July had a stronger pace than the second quarter.

“The comparison between July and the previous month led to a stable figure after three months of consecutive increase, with a cumulative 2.2%. Even considering the three months of increase, with evolution of the time series, we see the current level is 8.7% below that of 2014, which preceded two years of negative results. That recovery does not compensate all previous losses”, says Isabella.

Text: Marcelo Benedicto
Image: J.C. Rodrigues
Photo: Pixabay



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