Thursday, August 27, 2015

Paints sales will only grow in 2017, says Association

Sales of paints will stabilize in 2016 and to grow back in 2017, after registering a fall this year, as the President of the Brazilian Association of Manufacturers of Paints (Abrafati), Dilson Ferreira.
The entity designs of 4% shrinkage in the physical volume marketed in 2015, pulled by the decrease of sales of the retail industry. Until July, the estimated that the reduction would be Abrafati between 3% and 4%.
If there is a new revision of the estimate, will be down, according to the President of the specialized media.
According to Ferreira, there were paints price adjustments this year, but under 12% or 13% that would be needed to offset inflation and cost increases.
Valor Economico
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