Author: Aaron Ehasz
November was again a bad month for retailers. General Index at constant prices registered a decline of 1% over the same month in 2009. This is the fifth consecutive fall since the last increase of 0.9% experienced in June.
The General Index of Retail Trade at constant prices registered a decline of 1% over the same month in 2009. However, if the calendar effect is more pronounced fall of 1.5%, according to data released today by the National Statistics Institute (INE).
cajasuperDe this way, sales of retail trade recorded its fifth consecutive decline after rising 0.9% experienced in June. And is not the only fall, as sales, not including service stations, have to date annual rate of -0.6% in constant terms. The breakdown of these sales by product shows an increase of 0.8% in food products and a decrease of 1.6% in food. In turn, sales at service stations, discounting the effect of prices, fell by 1.4% compared to November 2009.
Only the big chains had positive rates in November, having increased sales by 3.3%. In small chains, sales decreased by 4.4% in companies did unilocalizadas by 2.4% and in supermarkets fell 0.8%.
With respect to employment in the sector, it has experienced a further decline to a negative rate of 0.7%, two tenths higher than that recorded in October, which are chained two consecutive months of declines.
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Tags: General Index, Retail, Retail Trade, sales continued, their downward, trend