Industry billing Wholesaler Grows 6.47%

According to the monthly survey of ABAD (Brazilian Association of wholesalers and distributors of industrial products), in nominal terms, there was an increase of 6.47% in the wholesale distributor industry revenues between January and October. However, there was a fall of 3.47% compared to the previous year and 0.29 on month-to-month relationship. In real terms (deflated), there was a retreat in all bases of comparison in October:-2.44% year to date; -10.51% compared to October 2015; -0.55%, compared to the month of September. The survey takes into account the revenues of a representative set of companies that provides preliminary numbers on the sector.