Industry billing wholesaler grows 7%

The wholesale distributor industry revenues grew 7% in nominal terms in May compared with the same month of 2015. Year to date, from January to may, expanded 8.9%. Compared to April, there were -1% drop. In accordance with deflated, sales still maintains downward trend, although with less intensity. In comparison with may 2015, the retraction was -2.1%. From January to may, -0.7%; compared to April, -1.8%. The monthly survey of ABAD (Brazilian Association of wholesalers and distributors of industrial products), established by the FIA (Fundação Instituto de Administração), takes into account the revenues of a representative set of companies that provides preliminary numbers on the sector.
Deflated data Maintain negative trend Although the nominal results supporting documents showing the strength of the sector, which continues to grow, the deflated data, according to the database, keep negative trend. "The expectation is that the new Government to implement emergency measures to boost the economy right on a sustainable basis. If there is success, we will have a better scenario with regard to inflation, "says Joseph of Egypt Fleet Lee Child, President of ABAD. "Given these expectations, the resumption in 2017 is doable. With concrete actions of the new Government, the fall of 2016 can also be better. Therefore, the industry is more optimistic and expects to close the year with growth of up to 1%, "he concludes.