• Categories
  • Archives

Despite Poor Supermarket Sales Commerce Gets Little Boost in Brazil

Commercial sales in Brazil grew for the second straight month, after having racked up negative results in August (-0.13%) and September (-0.18%). The growth rate in November was 0.26%, 0.17 percentage points better than October’s 0.09%.

The upswing in activity was led by the furniture, home appliances, vehicles and motorcycles, and autoparts sectors. According to the coordinator of the Services and Commerce division of the Brazilian Institute of Geography and Statistics (IBGE), Nilo Macedo, these areas are sensitive to the availability of credit.

The data released, Tuesday, January 17, by the IBGE on commercial sales volume in November also show that the supermarket and hypermarket sector was off 0.37%, after a 0.62% rise in October.

Formal Jobs

At the end of last year, formal jobs (with employees taken on officially, paying all due fees) grew 5.09%, with the creation of 1.254 million work posts.

This was the second best result according to figures disclosed by the General Records Office for Employment and Unemployment (Caged) under the Ministry of Labor, losing only to 2004 (1.523 million jobs generated).

ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

GPiX, GM’s Concept Car Designed and Engineered 100% in Brazil

Brazil's General Motors (GM) is going to present, in the 25th International Automobile Trade ...

Take Your Peek

Among those exposed by the indiscreet CD-ROM is president Fernando Henrique Cardoso. No one ...

Brazil Outdoes Argentina in Soy and Cattle

The 70 million tons of the 2008/09 Argentine harvest would represent 2.9% of the ...

Sarkozy Attacks Protectionism in Visit to Brazil

France's President, Nicolas Sarkozy, in a visit to Brazil, defended this Monday, December 22, ...

Brazil May Have the Answers to Many Global Ecological and Social Ills

Brazil is a fantastic country, in an amazing part of the world. For many ...

Social Forum Starts in Venezuela, But Brazilians Have Seized the Agenda

This is the first time that more activities for the World Social Forum, which ...

POR AÍ

Irreverent, sensual without being crass, author Joyce Cavalcante has focused her writer’s eye on ...

Rio’s Rains Brought Daily Losses of 50 Million to Industry Alone

Rio de Janeiro’s governor, Sergio Cabral, has announced that his administration will purchase land ...

Lula Invites Brazilians to See on Site How Money Is Being Spent

In his TV address to the nation, yesterday, June 23, Brazilian President Luiz Inácio ...

Brazil's Amazon Secrets

Brazil’s Cosmetic Industry to Get US$ 4.4 Million in Italian Deals

Close to 20 companies from Brazil exhibiting at Cosmoprof Bologna, in Italy, between Mach ...