Apas reduces forecasting of the expansion of the supermarket sector in SP from 3% to 1.3%

The Paulista Association of Supermarkets (APAS) cut to less than half the expectation of growth of the supermarket sector in the state of São Paulo in 2019, from 3% to 1.3%. According to the entity, this growth is less than the last two years, when the sector expanded just over 2%. "We maintained a projected growth, even at a minimum, rather than a drop in revenues due to some factors that can maintain a slight warming of sales, such as the shy decline in unemployment, the release of the FGTS, the week of Brazil, the Black Friday and The reform of the pension approved in the Senate, "said the economist of Apas, Thiago Berka.De January to July, the actual sales of the sector in São Paulo (deflated by the supermarket price index of Fipe), in stores opened more than 12 months ago, accumulated high of Only 0.23%.