Friday, July 13, 2018

Volume of services falls 3.8% with the Teamsters ' walkout

RIO-During the strike of truck drivers who paralyzed the food and fuel supplies in may, the volume of services provided in the economy fell 3.8 percent compared to April, when the industry registered the first positive result of the year. The data was released by the Brazilian Institute of geography and statistics (IBGE) on Friday, 13. + Shipping prevents soy producers gain with trade war the result came within 13 estimates heard by Broadcast Projections, that would fall to 6.20% to 0.20%, with median 3.70% negative, far below the 1 percent expansion recorded in April in comparison with March. RIO-During the strike of truck drivers who paralyzed the food and fuel supplies in may, the volume of services provided in the economy fell 3.8 percent compared to April, when the industry registered the first positive result of the year. The data was released by the Brazilian Institute of geography and statistics (IBGE) on Friday, 13. The sector is traditionally the last to recover in moments of crisis and the reversal of the movement is explained largely by the Teamsters ' walkout in the month since shipping is an important component in the services account. More than that, the strike has had an impact on the daily lives of the industries and towns, that also have great demand for services of the most varied types. + Strike of truckers do retail sales 0.6% back in may "enter the fact the transport of all types of loads have been harmed by blocking the roads. Also there was a smaller movement of people in urban centres, since it lacked fuel at almost two weekends, "says economist Alejandro Padron, the 4E consulting, which projected a fall of 2.5% of the volume of consumption of services + families lose breath and economists cut projections to 2018 With fewer people on the streets, the Economist at 4E consulting, the movement in malls and restaurants also was damaged, not to mention the reduced operation of bus lines and also less taxis and racing applications.
O Estado de S. Paulo - 13/07/2018 News Item translated automatically
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