Varejo Paulista Expects the Best Christmas Since 2008

Sales of retail sales in the State of São Paulo this year tends to register R$ 76.7 billion in December, up 7% compared to the same period in 2018 - an increase of R$ 5 billion. According to FecomercioSP, it will be the best result for the 12th month of the year since 2008. Also according to the entity, this should happen because the labor market is warmer, low interest rates, controlled inflation and financial institutions have re-released credit to consumers. This means high all rated items and sales improvement trend for durable goods over Christmas.