Wholesale has 8.5% high in October

The wholesale sector in the country in October, 8.56% over a year earlier, without discounting the inflation of the period, said yesterday the Brazilian Association of wholesalers and distributors of industrial products (Abad) In comparison with September 2018, high was 6.39 percent. With the result, the sum of the year, performance was positive in + 0.58%, a little lower than the inflation in the period. "Despite the weak basis of comparison, since we had an extremely difficult year in 2017, the result of October demonstrates that we are on the way to a consistent economic upturn. Finally, we see the light at the end of the tunnel, "says the President of Abad. In real terms, the industry's sales in October grew 3.8% over a year earlier, 5.9% before September; but still suffers fall in the sum of the year ( -2.95%)./agencies