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Economic indicators

Retail sales recede 1.8% in September, pointing Serasa

10/03/2012

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



 


In comparison with the same month last year there was an increase of 10.8% and YTD retail grew 9.1% ¨
 
SAO PAULO - The retail sales fell 1.8% in September this year, in comparison with August and already seasonally adjusted, according to Experian Indicator Serasa Trade Activity, released on Wednesday (3). However, compared to the same month last year, the activity progressed.

The indicator shows that, last month, an increase of 10.8% in retail trades, in comparison with September 2011. For the year, the retail sales grew 9.1% compared to the same period last year.

Demand for vehicle activity does fall
The drop in retail activity in September occurred in all segments surveyed. Highlight for the decline of 9.5% in the category of vehicles, motorcycles and parts, after soaring 12% in August. According to Serasa this result is mainly due to the September calendar that has only 19 days compared to 23 in August.

Economists Serasa Experian, the drop in retail activity in September was timely. "There can be interpreted as a sign reversal of the trend of recovery in retail activity that began to take shape from the beginning of the second half." The trend for the coming months is to return to positive growth rates of national retail activity.

Another important indicator of September was the segment of construction materials, which declined 9.4%. The segments of furniture, appliances and computers registered a slight drop of 0.3%, while the sector of supermarkets, hypermarkets, food and beverage yielded 2.5%.

About index
The indicator is based on the Serasa database Serasa Experian. From the methodology of calculation of GDP, presented by IBGE in 2007, in which the trade has become, individually, the sector with the largest share of value added in the generation of the Brazilian economy, accounting for 11%, the entity that is realized
fundamental importance to have more indicators, designed to measure the evolution of this sector of economic activity in the country



Source: Infomoney

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

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