Clipping of news on Brazilian Culture, Law and Citizenship
07/11/2013
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Compared to May 2012, there was an increase of 4.5%. Already in the year, trade rose 3.3%
Stagnant consumption, inflation and prevent delinquency growth in retail sales in May
RIO - The retail sales were flat in May compared with April, said on Thursday the Monthly Retail Trade Survey (PMC) IBGE. Compared to last year, there was a 4.5% increase. Already in the year, trade rose 3.3%. Because the data were collected before the June demonstrations - which closed stores throughout Brazil, impacting retail sales street beyond cool consumer confidence - the result indicates that the Brazilian economy is in a delicate moment and trend for June, is that even with the Confederations Cup the indicator is not significant.
- If it was not Mother's Day, it is likely that the result would have been worse - looks Reinaldo Silva Pereira, economist coordination of services and trade IBGE. - The May data show that trade already gave an insured and indicate that you are in a delicate situation. Trade behaves according to the movement of economic growth, we are not at a good time: the result of GDP disappoints, inflation is high and delinquency is stronger and all together erodes income.
In May, four of the ten activities surveyed grew as the volume of sales compared to April. The main shaft high Hypermarkets, supermarkets, food products, beverages and tobacco (1.9%). Following are fuels and lubricants (0.6%), furniture and appliances (0.4%) and vehicles, motorcycles, parts and accessories (0.4%). In turn, when analyzed extended retail trade - which includes retail and the activities of vehicles, motorcycles, parts and accessories and construction material - there was a decrease of 0.8% in sales volume.
Weighed for May result segments other articles of personal and domestic use (-0.9%), building materials (-1.9%), equipment and supplies for office, computing and communication (-2.0%) , books, newspapers, magazines and stationery (-2.2%), textiles, clothing and footwear (-2.6%) and pharmaceutical, medical, orthopedic and perfumery articles (-2.6%).
- Not surprisingly, the sectors related to food are rising and others falling segments. Families tend to shift expenditures for food, which is mandatory, even with prices at higher levels and stop spending with sectors that are now considered superfluous, as personal items and books - Reinaldo says.
In comparison with May 2012, only the activity of equipment and office supplies, computer and communication was negative (-0.5%). The other retail activities had increased sales volume, the rates were 2.6% for hypermarkets, supermarkets, food products, beverages and tobacco, 8.8% for fuels and lubricants; 6.8% for furniture and appliances; 8.4% in other articles of personal and domestic use; 8.1% for pharmaceutical, medical, orthopedic and perfumery; 1.3% for textiles, apparel and footwear, and 0.5% for books, newspapers , magazines and stationery.
Even with very encouraging results, the LCA remained unchanged at 5% projection for growth in the volume of retail sales in 2013 - after increasing 8.4% in 2012. For 2014, the LCA expects a rise of 5.5%.
Rising inflation is touted as the main reason for the poor performance of the retail trade. According to the IBGE, in April compared with the previous month, inflation hit especially hypermarkets and supermarkets in decline since February.
Inflation decelerated 0.26% in June, below market forecasts, even so, for the second time this year, the Consumer Price Index (IPCA) exceeded the target ceiling of 6.5% set by the government for 2013. Inflation had already blown the roof in March, when it reached 6.59% in the last 12 months. But in coming months, analysts predict, the trend is slowing indicator, which should end the year close to 6%.
In April, the sector recorded the best result was cars and motorcycles, parts and pieces, which rose 0.4%, discounting seasonal effects. It was the second consecutive rise sector vehicles and motorcycles, parts and pieces, which had risen 1.9% in March compared to February, seasonally adjusted. In the same month, the sales volume of vehicles and motorcycles, parts and pieces was 22.4% above the figure for the same month of 2012.
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This article was translated by an automatic translation system, and was therefore not reviewed by people.