Wednesday, September 14, 2016

Recoil-trade Sales falling 0.3% in July

Retail sales in the country fell back 0.3% in July compared with June, the IBGE released Tuesday morning (13). The result tied the 0.3 percent advance in the previous month. In July this year compared with the same period in 2015, the fall was 5.3%, the worst result for the month comparative basis since 2001. The country builds up 16 months in a row of falling compared to the previous year. In the first seven months of the year, the fall was even greater, of 6.7%. Already in the period of 12 months ended in July, was 6.8% of recoil. The dice came little worse than analyst expectations Center consulted by international agency Bloomberg, which estimated fall of 0.2% in the month and indentation of 5% compared to July 2015.
Supermarkets and hypermarkets Had 0.3% drop six of eight activities surveyed by IBGE had monthly comparison indent. Hypermarkets, supermarkets, beverages and tobacco had a fall of 0.3%, as well as fuel and lubricants, which account for 60% of the indicator. Fabrics and garments had 5.6% drop. Supermarket sales fell by volume, but rose in revenue-in July comparison with the same period last year, the high was 14.3%. An example of how the loss of income affects consumption is in the performance of furniture and appliances, which, in comparison to June with the same period last year, had 12.4% drop.
Expanded retail Registered 0.5% indentation called expanded retail sales, which also include vehicles and building materials, retreated 0.5 percent on monthly basis. Already compared to the previous year, the decline was 10.2%. The result came in below the expectations of analysts for the monthly comparison, 0.8%, and above the projection for the annual variation of 8.2%. In the seven months of the year, there were 9.4% decline in sales. Already in the period of 12 months ended in July, the fall was 10.3%. Building materials pulled the fall in July comparison with the immediately preceding month, with sales of 2.5% retreat. Already compared to the previous year, sales of vehicles had 20% drop and building material, 12.6%.
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