Wednesday, October 22, 2014

Retail must pull construction Market recovery

After releasing a negative result, the Abramat sees in the retail industry the opportunity to recover by the end of the year, avoiding an even worse scenario. The entity reported a 5.7 percent drop in September sales of construction materials in the country, compared to the same month last year. This is the seventh consecutive negative result in the series. Year to date, the decline in sales deflated the country construction material was 6.5%. With the data, the Abramat designs now close 2014 with 4% drop in sales. In the evaluation of its Chairman, Walter Cover, "the market was heavily affected by pessimism about the economy."
Giro News - 22/10/2014
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