Tuesday, November 19, 2019

Unexpected increase in consumption causes lack of products in supermarkets

Supermarkets were surprised by higher-than-expected consumption growth in September and October. The result was the lack of products on the shelves higher than in the same months last year. At the time, supermarkets prepared for consumption growth near the elections, which did not happen. Neogrid, a company specialized in automatic supply chain management, found that the absence of products in supermarket stocks reached, on average, the level of 10.32% in September and 10.37% in October, exceeding levels of 9.82% and 9.85% in months of last year. For Neogrid the factors behind this consumer reaction are an improvement in confidence, driven by the release of the service time guarantee fund (FGTS), pis payment and the promotional campaigns of the federal government such as The Week of the Brazil.
O Estado de S.Paulo - 19/11/2019 News Item translated automatically
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