Brazilian retail sales increase in March 2012: IBGE

18 May 2012 (Last Updated May 18th, 2012 02:33)

Retail sales volume in Brazil grew a seasonally adjusted 0.2% in March, compared with the previous month, according to the data released by Brazilian Institute of Geography and Statistics (IBGE).

Retail sales growth

Retail sales volume in Brazil grew a seasonally adjusted 0.2% in March, compared with the previous month, according to the data released by Brazilian Institute of Geography and Statistics (IBGE).

Month-on-month, six of the ten surveyed activities registered negative results for the volume of sales on a seasonally adjusted basis in March.

Sales in pharmaceutical, medical and orthopedic articles, toiletries and cosmetics increased 2.3% in March over February.

Furniture and domestic appliances sales were up 1.2% in the month, while fabric, apparel and footwear saw a 0.8% gain, on a monthly basis.

Month-on-month in March, sales of both construction material, and fuels and lubricants advanced 0.3%, while sales of other articles of personal and domestic use rose 0.6%.

Sales at hypermarket, supermarket, food products, beverages and tobacco grew 0.6% in March from the previous month.

Vehicles and motorcycles, parts and accessories sales decreased 1.4%, while sales of books, newspapers, magazines and stationery slipped 7.1% in March from February.

The agency said all retail activities recorded positive changes in the volume of sales in March 2012 from the same month a year ago, on an adjusted basis.

Year-on-year, sales surged 21.2% for furniture and domestic appliances in Mach, while jumping 12.2% at supermarkets and hypermarkets.

Pharmaceutical, medical and orthopedic articles, toiletries and cosmetics sales were up 14.1%, while sales for office, computer and communication equipment and material soared 30.5% in March.

Sales of other articles of personal and household use recorded a 9.8% gain in March, while fuels and lubricants sales grew 5% from the same month last year.

On an annual basis, fabric, apparel and footwear sales rose 4.1% and sales of books, newspapers, magazines and stationery advanced 4.4% in March.

Image: Sales of furniture and domestic appliances surged 21.2% and supermarkets and hypermarkets sales rose 12.2% year-on-year in Mach 2012. Photo: FreeDigitalPhotos.net