• Categories
  • Archives

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:

  • 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Your email address will not be published.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

Brazil Will Keep on Buying Bolivian Gas If the Price Is Right, Says Lula

Brazilian President Luiz Inácio Lula da Silva stated Monday, May 15, that Brazil will ...

Brazil’s Labor Minister Says Goal Is to Get 1.8 Million New Jobs in 2006

Over 1.8 million formal jobs were created in 2004, in Brazil, according to just-released ...

It’s a Game, It’s a Fight, It’s a Dance

By Brazzil Magazine A sweet memory, the birth of inspiration, the flame of desire, ...

World Bank Funds Brazilian Survey on Family Grant Program

Brazil is about to begin its largest ever impact survey of a government program ...

Brazil and US, Partners in a Democratic Dream

Hello, everyone. Thanks for coming out tonight. I just want to start by thanking ...

In Lula’s Hand

So far so good, but the new President is untried as a national leader ...

Halloween Is Catching in Brazil

Brazilians do not go trick-or-treating the conventional way. They celebrate child-buffet style. Some people ...

Hanging Up On the State

In Brazil you own a phone like you own your car. And while used ...

Brazil Real Gives Dollar a Run for Its Money

Brazilian markets slipped, with declines limited as ongoing dollar weakness is seen benefiting countries ...

RAPIDINHAS

The newest Nobel Prize in Literature, Portuguese writer José Saramago has just released another ...