Monday, December 05, 2016

The term retail sales of São Paulo grow 5.8% in November

São Paulo – the term retail sales from the city of São Paulo had high of 5.8% in November compared with the same month of last year, reported on Friday, 2, the São Paulo commercial Association (ACSP).
The positive result was pulled by durable goods, like electronics and appliances.
The Association, however, minimizes the advancement to emphasize that the basis of comparison is weak and that November 2016 had one working day more than November to 2015. In addition, sales resulting from the Black Friday also helped.
"It''s a significant increase. However, I can design this result for Christmas, since the consumer can have anticipated on Black Friday shopping season ", the President of ACSP, Alencar Burti.
Vista sales already recorded retraction 10.2% in November. The factor that weighed more, according to ACSP, temperature variations, which hinder the marketing of clothing and shoes spring-summer fashion. In addition, says the Association, Black Friday don''t focus their appeal to these types of article, generating little impact on its performance.
Burti remember 2015 had the worst Christmas of the Real plan, which may suggest that the fall of 2016 will be weaker.
"There''s still uncertainty in the macroeconomic scenario. Only the recovery of employment, income and confidence can, in fact, change our economic indicators ", he comments.
Compared to October, both the sales deadline regarding vista grew in November, 4.4% and 10%, respectively.
Accumulated in the period from January to November, sales on credit and the sight accumulate losses of 5.1% and 12.7%, respectively, over the same period in 2015.
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