Rio de Janeiro recorded an increase of 3.1% compared to August
Analysis by the Fecomércio Institute of Research and Analysis (IFec RJ), based on the Monthly Commerce Survey (PMC) of September 2023, from IBGE, shows the state of Rio recorded an increase of 3.1% compared to August, in the series with seasonal adjustment. Furthermore, the index showed growth of 7.1% compared to September 2022.
In relation to September 2022, the categories with positive changes in the state were hypermarkets, supermarkets, food products, beverages and tobacco (13.3%), pharmaceutical, medical, orthopedic, perfumery and cosmetic articles (7.7%) and fuels and lubricants (6.1%).
“The activity of hypermarkets and supermarkets has shown consecutive gains since July this year, due to the increase in families’ purchasing power in relation to food at home. Thus, its growth and greater weight in the index composition encourage retail trade to remain in the positive field, even with the more modest performance in other activities. Rio de Janeiro presented the second largest annual increase in activity (13.3%), in addition to having presented an interannual growth in the balance of formal worker hiring higher than the national figure, according to data from CAGED. As a result, the result of retail trade in Rio de Janeiro was the highest in the entire country (3.1%). For the coming months, it is expected that broader consumption will gain strength from the improvement in families’ financial conditions, both through the Desenrola Brasil program and the softening of the effects of restrictive monetary policy”, explains the executive director of IFec RJ , João Gomes.
In the country, retail sales volume increased in September, according to the Monthly Commerce Survey. The index registered an increase of 0.6% in relation to the month of August. Furthermore, the index showed growth of 3.3% compared to September 2022.
Source: Ascom
