News

Supermarket sales declined in May

29 de junho de 2016

São Paulo – Supermarket sales declined 2.16% in May in comparison to April according to the Brazilian Association of Supermarkets (Abras). In comparison with the same month of 2015, sales went down 2.13%. The data is inflation-adjusted. From January to May, sales declined 0.23% in comparison with the same period in the previous year.

In nominal values, the sector’s sales decreased 1.39% in May over the previous month, and went up 7% over May of 2015. Year-to-date, sales increased 9.57%.

Sussumu Honda, president of Abras’ advisory board, said that the results were expected. According to him, consumer expectation is improving slightly but economic activity is still facing problems.

*Translated by Sérgio Kakitani