E-commerce Grows 10.8% in September

According to the Mastercard Indicator in September, e-commerce grew 10.8% over the same period last year. The result is very similar to the 11 percent growth registered in August. In addition, the electronic commerce presented high of 8% in the last three months compared to the same interval last year. According to the survey, total sales in the Brazilian retail sector shrank 3.3% compared to the previous year. "Inflation remains a problem for the economy, but may decrease at the end of the year," said Kamalesh Rao, Director of economic research for Mastercard Advisors.
Pharmaceutical and electronic products Have positive performance in e-commerce, pharmaceuticals and electronics had positive performance, while the sectors of furniture, clothing and hobby & bookstores stayed behind in total growth of e-commerce. In retail, four sectors surpassed total sales: clothing, construction materials, personal and household items and pharmaceuticals. Meanwhile, supermarkets, fuel, furniture and electronics had performance below.