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The CNC reported that retail sales in the metropolitan area in October were down 4.1%.
Trade does not rise and the word slowdown seems to be brief with the latest figures released by the National Chamber of Commerce. Trade (CNC). The union said retail sales in the metropolitan area in October were down 4.1%, completing its fourth consecutive decline.
According to Bernardita Silva, director of Estudios of the CNC, "the negative result of the retail activity in the RM, in terms of equivalent premises, was mainly influenced by Cyber Monday, an event successful November, and this year 2018 progressed in October, thus affecting face-to-face sales as measured by this indicator. "
For the moving quarter, The period from August to October again marks a slowdown with a 2.7% decline, further accentuating the negative trend observed since the March-May moving quarter.
In view of the above, the CNC expects the figures to show better figures for November "because we will face November 2017, the month in which this event took place and year not, thus benefits from the in-person sales of the eleventh month of the year. "
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