Wednesday, October 05, 2016

Paulista fall 7.8 Suffers retail in September

According to the sales of the São Paulo commercial Association (ACSP), the movement of retail sales of São Paulo registered in September, a drop of 7.8% average in comparison with the same month last year. According to the data, trading futures retreated 5.1% and transactions within sight fell 10.5%. "In September, the spring/summer fashion didn''t take off because time has not helped the sector of clothing, footwear and accessories. But we hope that, once the temperature increase that would help the segment to sell more, "explains Alencar Burti, President of ACSP and the Federation of trade associations in the State of São Paulo (Facesp).
Retail trade of SP have already builds up 9.9% drop In cumulative period from January to September 2016, Sao Paulo has already retail average 9.9% retraction. However, the retractions should lose strength in the next few months, which signals a gradual upturn-and still slow the economy. "Although unemployment continues, there are indicators pointing to slowing movement. Inflation, for example, has fallen, especially of food, which makes more money in the pocket of the consumer. ", analyzes Burti. Already compared to August, September recorded an average 6.6% downturn in sales. The term trading rose 2.9%. Vista sales already showed strong decrease, from 16%.
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