Wednesday, March 21, 2018

Billing of the supermarkets must advance 3% in 2018, already discounted inflation

The supermarket sector should see your revenues grow 3% in 2018. The estimate is in the Open (Brazilian Association of Supermarkets). The President of the Association, João Sanzovo Neto, said that the area is optimistic about the results obtained so far in the year. "The industry depends on income and money in the pocket of the consumer," he said. "We had a very strong deflation in the industry, this impact in the financial numbers, but sales volume is growing," he said. Without citing specific revenue numbers, Sanzono Grandson reported that, in January, the real advancement of the industry revenue was 2.7%. And in February, said the Executive, the result was in line with the previous month but the data from the first two months of the year are not yet closed. Sanzovo Neto participated in press conference on the performance of the supermarket industry last year, held on Monday by the Association, which promotes fair this week in Rio de Janeiro. Also present at the press conference were the President of the Association of Supermarkets in Rio de Janeiro (Asserj), Fábio Queiroz said that the national economy scenario in 2018 is "much better" than last year, including in Rio de Janeiro. "We have hit rock bottom and now the river tends to grow, there are clear signs of that," he said, acknowledging, however, that the activity in the State this year, should not grow at the same pace as the designed for national GDP. Today, the Focus bulletin, the Central Bank has estimated an increase of 2.87% of the Brazilian GDP in 2018. Last year, the economiado country grew 1%, according to data of IBGE.
Supermercado Moderno - 20/03/2018 News Item translated automatically
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