Retail sales in the state of São Paulo are expected to reach R$ 83.1 billion in May, 1.6% less than in the same month last year. The forecast, released today (6), is from the Federation of Trade in Goods, Services and Tourism of the State of São Paulo (FecomercioSP). Despite the drop, according to the entity, the result will be the second best month for mothers since the beginning of the historical series of the survey, in January 2008, only losing to May 2021, when sales reached R$ 84.4 billion. .
“The estimated rate for this year may be indicative of a reduction in the pace of consumption. In this sense, the most worrying factor – and the obstacle that can be decisive for the maintenance of a more heated and sustained sales cycle – is inflation, the element with the greatest negative impact on the purchasing power of families, especially if we consider the high level of consumer indebtedness”, highlighted the entity in a note.
According to FecomercioSP, among the groups that stood out in the period, only sales in clothing, fabric and footwear stores; and pharmacies and perfumeries tend to show growth due to Mother’s Day, with increases of 3.2% and 0.6%, respectively. For the sales of home appliances and electronics stores, a drop of 17% is estimated, while for furniture and decoration stores, the expected reduction is 9.7%. In supermarkets sales should decrease 2.6%.
