Sales in Shopping malls Rise 4.9% in may

Nominal sales revenue accelerated in the month of may at the annual comparative high of 4.9 percent, according to the market monitoring of Brazilian Association of Shopping centres (Abrasce). The index Cielo retail shopping malls-ICVS ABRASCE, also pointed out high 2.6% of nominal. Considering the mix of sales, the growth of leisure/entertainment was 26.54% 3.71% clothing and feeding 7.73%. High has a strong relationship with the increase in the pace of sales in the weeks leading up to mother's day, the second most important date of the year for the retail trade. The performance of sales in May was just not even better by the negative impacts of the Teamsters ' strike.