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Debts

Consumers are more current on their debts, says President of ACSP

05/02/2014

This article was translated by an automatic translation system, and was therefore not reviewed by people.





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Consumers are more current on their debts , says President of ACSP

SAO PAULO - In January , the IRI Indicator ( Delinquent Registration ) , which analyzes the booklets late , registered a slight increase of 1.6 % over the same period last year.

According to a survey conducted by the ACSP ( Commercial Association of São Paulo ) , in the same line follows the IRC Indicator ( Credit Recovery ) , with slightly lower increase of 2.3 % in total canceled or traded records .

To the organization's president , Roger Amato , this is an indicator that consumers are getting more current on their debts . " Delinquencies Down follows and the data suggest that January should continue to decrease ," he says.

trade

The year 2014 began with a boost to trade , as spot sales in trade in the city of São Paulo grew by 3 % in January , according to the ICH ( Cheques Movement Indicator ) . The increase was influenced by the summer fashion products , mainly in the clothing and footwear sectors . Additionally, assessments have also contributed to this scenario.

Have BMI ( Indicator Trade Term Movement ) , reported that credit sales grew 2.5 % in the state capital . The performance was driven by the supply of financing for public banks . Consumer demand for fans and air conditioners also helped boost sales spot and forward .

Amato points out that retail performance can fluctuate throughout the year due to the domestic scene , with events like the World Cup and elections , and the international economic environment , with possible variations in interest rates and exchange rates .
However , in February the data should remain favorable , since the month will not be affected by Carnival , to be held in March only.


Source : MSN.com

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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