SP trade reaches an appropriate level of stocks

São Paulo-stocks in the retail trade of the metropolitan region of São Paulo reached levels regarded as suitable in August by sector for the first time since July 2015, second index released by FecomercioSP on Monday.
The indicator of adequacy of stocks went up 2,3% in August compared with July, fourth high to 101.6 points. Compared to the previous year there was 6,4% high, said the authority.
Advertising
The index of Inventories (IE) captures the perception of traders about the volume of goods stocked in stores and ranges from zero (total inadequacy) 200 points (total adequacy). The mark of 100 points is the line between inadequate and fitness.
"Expectations for 2016 were indeed negative, but improving for four months, strengthening the path to a recovery in 2017," said a spokesperson of the economic entity.
"The result of the index in August modest reduction of excessive stocks points at a crucial time for retailers, when you start thinking of the Christmas sales," he added.
According to the survey, the proportion of entrepreneurs who consider their appropriate stocks exceeded 50% also for the first time since July 2015, with this quota on 50,5%, up 0.8 percentage point compared to July and 2.9 points a year earlier.
The portion you see above the appropriate stocks went from 36,8% in July to 35.5 in August and that being with low stocks ranged from 13.6 to 13,4% during the period.