Retail Sales Fall 5.3%

According to data from the Sales balance of the São Paulo commercial Association (ACSP), based on the sample provided by Boa Vista services, the movement of retail sales in the city of São Paulo has registered, in the first fortnight of September, a drop of 5.3% average in comparison with the same period last year. Separately, the trading and the vista 3.2% and 7.4% retreated, respectively. Although he has been in the red, the retractions of this fortnight were smaller than those of 2015, when sales fell 14.2% (forward) and 7.7% (spot). Were lower than the cumulative period falls from January to August of 2016 ( -6.6% and-13.8% at sight).
Trading futures Increased 5.2% compared to the first half of August of 2016, retail sales showed a fall of 5.3 average paulistano%. The term trading increased by 5.2%, due to the anticipation of the first installment of the 13th salary, which may have boosted the home appliances and electronics of lesser value. Vista sales already fell 15.8% for a seasonal factor: parents '' day in August. As this date is still pretty commercial based gifts of lesser value, there was a high commercialization of these products in the first half of August. It is important to note that September is a month shorter and therefore the consolidated data of 30 days may not stay.