Brazil's supermarkets sales grow 4.7% in may, says Open

SÃO PAULO-supermarket industry sales in may rose by 4,7% in real terms over the same period to 2017, said on Friday the association representing the industry, Open as entity, the result may not have been impacted by the strike from caminhonheiros at the end of that month because the supermarkets work with stocks around 10 to 15 days. " Some networks have maintained normal supply, and the reflections of the outage focused more in June, "said the President of Open, John Sanzovo, in a statement. He stressed, however, that the strike has influenced the high prices of some products less stocked, like groceries. According to the survey, onion (+ 40,13%) and potatoes (+ 18,67%) were the most encareceram items within the shopping basket of consumers on a monthly comparison. At the other end, pet soda, SOAP, cassava flour and ham had the largest devaluations, showed the search Open. Regionally, only the Midwest recorded monthly decline in prices of the basket of products (-0,68%), while the South presented the largest high (+ 2,51%), followed by the Southeast (+ 1,38%), North (+ 1,25%) and Northeast (+ 0,54%). In the first five months of the year, sales of supermarkets in the country went up 1,9% compared to the previous year, which according to Sanzovo Grandson signals "a stability of the sector". In nominal values, the accumulated growth was 5,23%, said Abras.