Retail Sales Of Footwear And Clothing Decreased By 5% In The First Half Of Brazil

Recently released statistics show that the sales volume of Brazil retail industry in the first half (1-6) of this year (2015) decreased by 2.2% compared with the same period last year. It is another high percentage reduction record in the first half of 2003 (down 5.7%) in the past 13 years.

Family budget tightening and shopping installments are more stringent than before. This is seen as the main reason for the decrease in retail sales in Brazil in the first half of this year.

In the first half of the year of retail sales in Brazil, the more dependent on installment pactions, the higher the percentage of sales decreased, such as household electrical appliances.

A decrease of 11.3% is the highest percentage of sales volume reduction since the first half of 2003.

Clothing and footwear products were ranked at 5% reduction.

If the retail sales volume of a small number of small wholesale businesses is included, the retail sales in the first half of this year will be reduced by 6.4% compared with the same period last year.

High volume products.

Brazil

It is usually expected that the festival will increase sales. However, many economic experts believe that although there are holidays such as father's day and Christmas holidays in the second half of this year, the sales volume of Brazil's retail industry is rising at high prices, the unemployment rate is rising and the rate of installment payment is rising.