Retail Grows 2.2% in February in São Paulo

The sales movement in the city of São Paulo (SP) grew 2.2% in February, compared to the same period in 2019. The number is from the Sales Balance Sheet prepared by the Commercial Association of São Paulo (ACSP). The highlights were the term sales, which are usually of higher value and grew 2.8%. Spot trading also advanced, but at a lower intensity, with an increase of 1.6% compared to the previous year. The average forward and spot sales result in a 2.2% increase for February. Compared to January 2020, there was a drop of 4.1% in February and, according to the ACSP, the result is normal, because January had two more working days.