The outcome in December, the second consecutive month of improve in the Cielo do Varejo Ampliado Index (ICVA), was additionally influenced by timing points.
Retail sales grew 3% in December in comparison with the identical interval in 2020, discounting inflation, in the face of a stronger Christmas for the sector, in line with information collected by the technique of fee firm Cielo and launched this Monday (17). ).
The outcome in December, the second consecutive month of improve in the Cielo do Varejo Ampliado Index (ICVA), was additionally influenced by calendar points, together with an additional Friday, the day of strongest motion, in line with the corporate.
Cielo had already introduced on the finish of December that retail sales at Christmas superior 11.1% year-on-year, pushed by online retail.
“Evaluating the habits of retail in 2021, there was a progress of 0.8%, though we’re nonetheless at a sales stage 13.3% beneath the one noticed in 2019”, says Pedro Lippi, head of intelligence at Cielo, in a press release. The service sector recorded the most important improve in the 12 months, 6.8%. ICVA is calculated from 1.3 million retailers in the nation accredited by Cielo and distributed throughout 18 sectors.