Thursday, December 01, 2016

Supermarket sales rise in October, says Open

SÃO PAULO-supermarket industry sales in Brazil in October had real growth of 0,71% compared to the same month of 2015, reported on Wednesday the Brazilian Association of Supermarkets (Open). In comparison with September, there were 4,78% high.
In October, sales of supermarkets climbed 1,16% in the period of January to October 2015, which gave confidence to the entity maintain the expectation that the industry should have growth of around 1% this year.
"What we can say about these numbers is that there is stability in sales in the second half," said João Sanzovo Neto, first Vice President of Open and President-elect for 2017 and 2018. "It''s not a good number, but also won''t get any worse," he said.
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