Textiles, apparel & footwear sales volume up in Oct
22 Dec '07
4 min read
October had the first negative rates in 2007, compared to the previous month. In relation to October 2006, sales increased by 9.6%; the accumulated figures were 9.6%, in the year and 9.1%, in the last 12 months. The rates for nominal trade were 13.5%, 11.4% and 10.6%, respectively.
In October, trade sales interrupted a series of nine positive results which have occurred since December/06 (table below) and registered, in relation to September, decreases for volume (-0.2%) and nominal revenue of sales (-0.3%).
It was the first month of the year with negative rates in relation to the pervious month (seasonally adjusted series). The figures accumulated in the year for volume and nominal revenue of sales were, respectively, 7.6% and 11.5%, respectively.
In the remaining comparisons (without seasonal adjustment), the volume of sales increased by 9.6% over October 2006, having accumulated 9.6% from January to October, compared to the same period in 2006, and 9.1% in the last 12 months. The same rates for volume of sales were 13.5%, 11.4% and 10.6%.
In relation to the previous month, four of the five activities with seasonally adjusted series had increase in volume of sales: Furniture (1.3%); Textiles, apparel and footwear (2.8%).
In relation to October 2006, there were increases in the volume of sales in all the retail trade activities, whose rates, in order of importance to the overall result, were: Hypermarkets, supermarkets (5.6%); Furniture (13.5%); Other articles of personal and domestic use (19.8%); Textiles, apparel and footwear (14.5%); Furniture (6.5%); perfumery articles and cosmetics (11.9%).
The activity Furniture (13.5% in volume of sales in relation to October the previous year) was the second major impact (22%) over the Retail Trade rate. In this activity, the increases accumulated in the year and in the last 12 months were, respectively, 16.0% and 14.6%.
This positive result (above the average for retail trade) is seen as a consequence, mainly, of the improvement of credit conditions, of the fall of prices of electronic appliances and of the improvement of salaries of the employed population.