Monday, February 18, 2019

Trade sales rise 1 percent in January after falling in December, says Boa Vista

Retail sales in the country rose by 1.0 percent in January, after the fall of 1.5% in December, according to Boa Vista. In 12 months, there have been cumulative growth of 1.3%, while in comparison with January 2018 high was 3.4%. According to the Boa Vista, the results reveal the difficulty of resumption of trade, which has been registering weak performance since the beginning of last year. In a statement, citing high unemployment and the slow improvement of domestic activity continue to be the main barriers to more expressive sales trend retailers. "With little sign of progress in the economy, retailers are expected to follow at a gradual pace in 2019." The sector of furniture and appliances presented fall of 0.2% in January compared to December, staying stable in accumulated in 12 months. Sales of textiles, clothing and footwear rose by 1.2% in the first month of this year. In 12 months, accumulated indentation of 1.2%. The activity of the supermarket sector, food and beverages registered increases of 1.5% and 2.5% in 12 months to date. Already the fuels and lubricants rose 1.4% in January in comparison with the previous month. The accumulated variation in 12 months stood at 1.5%.
DCI - 18/02/2019 News Item translated automatically
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