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May 11, 2022
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Retail sales grow 1% from February to March, says IBGE

Retail sales grow 1% from February to March, says IBGE

The country’s retail sales volume increased 1% from February to March this year. This is the third consecutive increase in the indicator, which has accumulated gains of 1.6% in the first three months of the year, according to data from the Monthly Trade Survey (PMC), released today (10) by the Brazilian Institute of Geography and Statistics (IBGE). .Retail sales grow 1% from February to March, says IBGE

Retail showed increases of 4% compared to March 2021, 1.3% in the year (compared to the same period last year) and 1.9% in the 12 months.

The 1% increase in the volume of sales from February to March was driven by six of the eight activities surveyed by the IBGE: computer and communication office equipment and supplies (13.9%), books, newspapers, magazines and stationery (4.7 %), other articles for personal and domestic use (3.4%), fuels and lubricants (0.4%), furniture and household appliances (0.2%) and fabrics, clothing and footwear (0.1%).

On the other hand, two activities fell in the period: supermarkets, food products, beverages and tobacco (-0.2%) and pharmaceutical, medical, orthopedic and perfumery articles (-5.9%).

expanded retail

Extended retail, which also includes sales of vehicles and construction materials, grew 0.7% from February to March, with a 2.2% increase in the vehicles, motorcycles, parts and pieces sector. Building materials fell 0.1%.

Extended retail also had growth rates of 1.1% in the quarterly moving average and in the accumulated for the year, of 4.5% in the comparison with March 2021 and of 4.4% in the accumulated of 12 months.

Recipe

Nominal retail revenue rose in all types of comparison: compared to February this year (2.9%), compared to March 2021 (18.1%), year-to-date (14.5%) and accumulated over 12 months (15%).

The same happened with the expanded retail nominal revenue, which increased by 0.4% compared to February, 19.3% compared to March last year, 15.3% in the year and 18, 6% over 12 months.

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