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

Brazilian-Spanish Couple Pedals for 10 Years Around the World for UN

The Brazilian Miyuki Okabe and the Spanish Eneko Etxebarrieta were listening to the radio ...

Goodbye Song

American musician Stan Getz once asked Brazilian conductor Júlio Medaglia, "Why doesn’t Baden Powell ...

65 Million Now Have Fluor in Their Water in Brazil. 120 Million Don’t.

By adding another 787 teams consisting of a dentist, an office assistant and a ...

Brazil’s Black Monday Brings Market Down 5.43% and Dollar Up 7.53%

It was another black Monday in the Brazilian stock market, this October 6. São ...

Brazil’s Conspiracy of Silence Breeds Slavery, Poverty and Torture

There is no such thing as silenced truth. When covered over by silence, the ...

Brazil’s Chemical Industry Exports Grow 29% to US$ 5.4 Billion

Exports by the Brazilian chemical industry reached US$ 5.4 billion from January to September ...

Appeals Court in Brazil Overturns US$ 13 Bi Judgement Against Philip Morris

In Brazil, the 7th Civil Chamber of the Court of Appeals of the State ...

Brazil to Teach Rural Workers How to Care for Forest

Brazil’s National Institute of Colonization and Agrarian Reform (Incra) and the Brazilian Institute of Environment ...

The Land of the Sphinx Is Luring Brazilian Soccer Players

Rogério Dantas, a 23-year-old native of the southeastern Brazilian state of São Paulo, arrived ...

Democracy in Brazil Is a Horse of a Totally Different Collor

Among the difficulties that American observers are faced with when trying to assess Brazil ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`