Agência Brasil*
Rio de Janeiro – Despite the 0.2% decrease in sales recorded in October this year, compared with September – the first negative result so far –, Brazilian retail sales posted an accumulated growth rate of 9.6% between January and October, in comparison with the same period of 2006.
The growth rate is equal to the one recorded in comparison with October last year. In the accumulated result for the last twelve months, trade expanded by 9.1%. The data were taken from the Monthly Trade Survey, disclosed today (17th) by the Brazilian Institute for Geography and Statistics (IBGE), and also show that all trade revenues indicators were positive, with the exception of the month-to-month for September, which decreased 0.3%.
From January to October, in the seasonally adjusted series, nominal revenues from domestic sales had an accumulated growth of 11.4% this year. In comparison with October last year, nominal revenues had an accumulated increase of 13.5%, which drove the indicator for the last twelve months (annualised rate) to an accumulated expansion of 10.6%.
Compared with the same months last year, the 9.6% expansion of retail trade sales reflects rising sales volumes in all retail activities, the highlights being hypermarkets, supermarkets, foodstuffs, beverages, and tobacco, with a 5.6% growth.
Even though the growth rate was lower than the global average, the segment stands out due to the fact that it had the greatest contribution to the overall retail sales result: it accounted for 30% of the total growth rate.
The furniture and household appliances sector expanded 13.5% compared with October 2006; other articles of personal and domestic use, 19.8%; textiles, clothing and footwear, 14.5%; and fuels and lubricants, 6.5%.
*Translated by Gabriel Pomerancblum
