IAV-IDV Gives signs of recovery

IAV-IDV (Antecedent Index of sales of the Institute for development of retail) August closed with a fall of 8.7% real, compared to the same month of 2015. The industry estimates the continuity of negative results over the next three months, but at a lower level. The data provided by the associated signaling the change of scenery and future estimates are of-3.6% in September,-3.3% in October and 0.7 percent in November. IAV-IDV anticipates between 30 to 40 days the results of the PMC (Monthly Trade Survey, IBGE).
Durable goods sector presented the worst result the durable goods sector presented, again, the worst result in the last month, with real fall of 10.24 percent over the same period in 2015. For entrepreneurs in the sector, the recovery of consumer confidence and the resumption of credit remain key challenges for the thread. Their projection for the next few months is-3.45% in September,-2.5% in October and-1.84% in November 2016. Already accumulated inflation in this sector stood at 2.81%.