Retail Sales Fall in SP

According to data from the Sales balance realized by the São Paulo commercial Association (ACSP), retail sales of the city of São Paulo had average drop of 14.1% in the first quarter of this year compared with the same period last year. During the same period, there were 11.2% indentations on forward sales and 17% in sales in sight. The difference is great if considered that, in 2015, the first quarter registered an average drop in sales of 3.3% over the same period in 2014, according to ACSP. According to the Association, although the retraction is high, the numbers were already expected.