Brazilian supermarket sales up 4.7% in May, according to Abras – News



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SAO PAULO (Reuters) – Sales in the supermarket sector in May rose 4.7% in real terms over the same period in 2017, said the badociation which represents According to the report. entity, the result of May was not affected by the truckers strike at the end of the month because supermarkets are working with stocks of about 10 to 15 days.

"Some networks maintained a normal supply, and the effects of closure were more concentrated in June," said Abras president João Sanzovo Neto in a statement.

He pointed out, however, that the strike has influenced the increase in prices of some less stocked products, such as hortifrútis.

According to the survey, onion (+40.13 percent) and potato (+18.67 percent) were the most expensive items in the shopping cart of the consumer in the monthly comparison.

At the regional level, only the Midwest experienced a monthly drop in prices of the product basket (-0.0%),, 68%), while the South had the largest increase (+ 2.51% ), followed by Southeast (+ 1.38%), North (+ 1.25%) and Northeast (+ 0.54%). During the first five months of the year, The country's supermarket sales grew 1.9 percent year on year, according to Sanzovo Neto, highlighting "the stability of the industry."

In nominal terms, the cumulative growth was 5.23%, said Abras

Copyright Thomson Reuters 2018

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