Retail sales grow; industrial production declines

Retail sales registered an increase of 0.6% in September compared to August. In comparison with September 2022, retail increased 3.3%.

The data comes from the Monthly Trade Survey (PMC), released by IBGE this Wednesday morning (8).

Growth was recorded in furniture and household appliances (2.1%), hypermarkets, supermarkets, food products, beverages and tobacco (1.6%), and pharmaceutical, medical, orthopedic and perfumery items (0.4%).

Compared to August, there was a decline in sales in five of the eight activities surveyed.

The falls were recorded in the sectors of fuels and lubricants (-1.7%), fabrics, clothing and footwear (-1.1%), books, newspapers, magazines and stationery (-1.1%), other articles of use personal and domestic (-0.9%) and office, computer and communication equipment and material (-0.1%).

Industrial production slips

Brazilian industry production shrank in nine of the 15 locations surveyed in September, compared to August. On the Brazilian average, industry rose 0.1% in September, compared to August.

In comparison with September 2022, industrial production increased in 10 of the 15 locations surveyed. In this comparison, national industrial production rose 0.4%.

The data comes from the Regional Monthly Industrial Survey (PIM Regional), also released by IBGE.

The most intense losses were recorded in Pernambuco (-12.8%), Amazonas (-6.1%), Rio Grande do Sul (-5.4%) and the Northeast region (-5.2%). The Northeast region is classified as one of the 15 locations researched by IBGE.

The country’s main industrial park, São Paulo saw a 1.1% drop in its production. The other negative results were in Espírito Santo (-4.8%), Mato Grosso (-4.3%), Bahia (-3.0%) and Santa Catarina (-0.2%). Production remained stable (0%) in Minas Gerais.

The positive highlights were Pará (16.1%), with Rio de Janeiro (3.1%), Ceará (2.2%), Paraná (1.8%) and Goiás (1.2%) following.