Brazil’s Retail Sales Grow Nine Months in a Row, Accumulating 10%

Brazilian supermarket Extra In Brazil, the volume of retail sales grew 1.4% in September, and revenues rose 1.7% over the previous month, according to the Monthly Industrial Research, disclosed by the IBGE (Brazilian Institute of Geography and Statistics).

This was the ninth consecutive increase in comparison with the previous month, in a series considering seasonal adjustment, according to the study.

In comparison with September 2006, the volume of sales and revenues rose 8.5% and 12.2%, respectively. Sales grew 9.6% in the accumulated result for the year up to September and 8.9% over 12 months up to September.

IBGE economist Nilo Macedo said that of the five seasonally adjusted activities, two grew: hypermarkets, supermarkets, food products, beverages and tobacco (3%) and furniture and household appliances (0.1%).

There were reductions in the fuel and lubricant sector (-0.4%), garments and shoes (-2.1%) and vehicles, engines and parts (-1.1%).

"The supermarket sector was mainly favored by the anticipation of the first half of the thirteenth salary of pensioners. Therefore, in December this influence will be smaller in comparison with previous years," stated Nilo Macedo.

The sector with greatest expansion in the year was the furniture and household appliance sector (20.1% in volume and 21.0% in revenues), followed by vehicles and motorcycles and parts (15.8% and 20.5%), hypermarkets, supermarkets, food products and tobacco (7.5% and 15.9%), fabric, garments and shoes (6.4% and 9.8%), and fuels and lubricants (1.9% and 1.3%).

Brazilian industrial employment also grew in September, 1% over August, according to the Monthly Survey of Industrial Employment and Wages, disclosed on Wednesday (14th) by the IBGE.

In comparison with September 2006, the growth was 2.8%. Out of the 14 areas surveyed, 11 increased their number of workers, and out of 18 sectors, employment grew in 12. The states of São Paulo (4.4%), Paraná (4.8%), and Minas Gerais (2.7%) had the greatest influence in the overall result.

IBGE economist Denise Cordovil informed that in the accumulated result from January until September, the amount of employees in the industry sector increased by 1.7%, a result similar to the one recorded in 2004 (1.8%).

ABr

Tags:

You May Also Like

Brazil: Ary Barroso’s Unknown Album

Researcher Omar Jubran has been working on the Ary Barroso project for about ten ...

Brazil Supreme Rules that Civil Servant’s Salaries May Be Shown in Internet

Brazil's Supreme Court held on July 8 that the mayor of the municipality of ...

Brazil’s Jobless Rate Still High: 10.8%

Unemployment rate reached 10.8% in March, in the six largest metropolitan areas of Brazil. ...

A Brazilian gas station also selling ethanol

Brazil’s Ethanol Lesson Is How to Manage Our Oil Addiction

The Brazilian government is declaring victory in its decades-long struggle to become self-sufficient in ...

Brazil Blames Airbus Manufacturer for Brazil’s Air Tragedy

Brazil's Air Force blamed Airbus for the recent tragedy in the São Paulo Congonhas ...

Syrian President Visits Lula and Proposes Closer Ties with Brazil

The president of Syria, Bashar al-Assad, on his first-ever tour of Latin America proposed ...

US and 7 Other Countries Adopt Brazilian Way of Teaching Computer Skills

Brazil is exporting a successful model for schools teaching information technology and citizenship in ...

Brazil, a Nation at Peace

The days leading into a unilateral Anglo-American invasion of Iraq seem to be numbered. ...

Brazil’s Development Bank Has US$ 45 Bi to Lend. 24% More Than Last Year

Brazil's BNDES (Brazilian National Development Bank) intends to make available 80 billion Brazilian reais ...

Brazil’s Gol Airline Ranks Second in Corporate Governance

Brazilian Airline Gol was ranked second among non-bank companies in "The Best Governed Major ...