Level of stocks improves in may

Sao Paulo Stocks index (IE) may, released yesterday (22) by FecomercioSP, reached 105.6 points, registering a high of 7%, compared to the month of April, and 20.8% in comparison with may of last year. According to the survey, 52.7% of entrepreneurs consider their appropriate stocks.
The evolution of the indicator was motivated by the fall of 4.1 percentage points (p.p.) in the number of entrepreneurs who admitted being with stocks above the ideal, compared to April, and a decline of 7.8 percentage points in the year counterpoint.
The study aims to find out if retail marketers of the State of São Paulo are able to balance their inventories. In may, about 32% of entrepreneurs have claimed to be with the stocks above the well, the smallest proportion since July 2015; While other 15.1% admitted they are operating with the stock below the ideal.
The share of entrepreneurs who consider their appropriate stocks reached 52.7%, still below the previous history to 2015, when the indicator turns around the 60%.
The Stock Index (IE), measured by the Federation of trade in goods, services and tourism of the State of São Paulo (FecomercioSP), ranges from zero (total inadequacy) 200 points (total adequacy). The mark of 100 points is the line between inadequate and fitness.
Perspectives
According to the entity, the reduction in inventories will only in an environment of growing a little faster and with a good dose of conservatism on the part of traders at a time when they are designing new orders and sales. In this context, the follow-up of this indicator in the coming months is relevant to anticipate the prospects for resumption of industrial production.
The entity also States that he hoped that the data after Christmas were just a photograph of a bad time. And that with the promotions of the storekeepers in the first quarter, the excess stockpiling was adjusting-movement that did not occur.
Apparently, according to FecomercioSP, only in May the table for the excessive and burdensome stocks began moving towards normality-when it is expected that more than 60% of entrepreneurs have adequate stocks and less than 25% of them have excess goods stockpiled.