Monday, March 18, 2019

In services, industry and Commerce raises concern

After bad results in industry and trade in January, 0.3% drop in the provision of services on the same basis closed a triad of concern: low demand, unreliable and expensive credit. The indicators, all presented last week by the Brazilian Institute of Geography statistics (IBGE), turn on the yellow light of analysts and consultants, who hoped a new year that, at least, opened the way for a resumption. "There would be no more excuses for low activity. The election passed, pension reform is underway, the falling dollar, inflation under control. The problem is that activity just back if there's effectively, consumer confidence and unemployment is a strong inhibitor ", remarked professor of applied mathematics, IBGE and corporate consultant analyst, Carlos. In the view of the expert, the fall of 0.8% in industrial activity in the passage from December to January is the most worrying. "Expected ' a tough year for the industry, but less than 0.5%," he said, noting that industrial activity will reflect lower in trade in the coming months. "When the industry does not sell to the retailer, since we hope that trade will not have a strong activity in the coming months." In January, retail sales advanced 0.4% on margin, what looks good, but it's not. "in December retailers shrank 2.1% and high of January not recovered nor part of the loss.
DCI - 18/03/2019 News Item translated automatically
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