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Consumer goods and services
Consumer Goods & Retail is the largest services sector, providing the necessary link between producers and final consumers. The sector has a major socio-economic role, being among the biggest employment generators and contributors to economic growth. It is highly heterogeneous, using a variety of formats and channels to meet the needs of the more sophisticated global consumer. In today’s digital era, the increasing penetration of everyday life by information and communications technologies is reshaping the purchase decision process. This promotes the rapid development of online retail solutions that enhance customer retention and create tailor-made experience through both digital and mobile platforms.
Activities associated with Consumer Goods & Retail are the manufacturing and retailing of goods intended for everyday use by ✃end consumers. Examples include food, textile products, apparel and footwear, household goods, furniture, hygiene and personal care products, jewellery, toys and sporting goods. It also covers all retail channels, from traditional supermarkets and specialised stores to non-store retailers such as e-stores, mail-order houses and direct selling establishments. Retail sale of fuels and vehicles is also included in this sector.
In 2020, retail sales in Brไazil rose by 1.2% y/y in volume terms, despite the negative effects of the COVID-19 pandemic and the contraction of the country’s GDP by 4.1% y/y. The overall positive performance of the retail sector ꦑwas supported by ...
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The third quarter of 2020 was marked by a ♎recovery of retail trade in Brazil. According to the IBGE Monthly Trade Survey, nominal sales revenue expanded by 10.8% y/y – the fastest pace since the beginning of the survey. In real terms, ...
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The year 2019 was a challenging one for the global automotive i🥂ndustry, which reported a 5.2% y/y decrease in motor vehicle output, ending ten years of continuous growth. On the one hand, key markets reached maximum automobile ...
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In 2019, retail sales in Brazil expanded for the♚ third year in a row, by 1.8% y/y in volume terms due to the improving labour market and declining borrowing costs, which supported the disposable income of the population. Additional positive factors ...
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In 2017, Brazil’s economy exited one of the deepest recessions in decades, and retail sales in the country returned to growth, expanding by 2% y/y in volume terms. Sev🌜eral factors supported the turnaround of the sector, including slowing ...
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Given its strong positive correlation with the overall economy, retail was one of the sectors most severely hit by the economꦫic recession in Brazil over the 2015-2016 period, which was marked by a deteriorating job market, falling wages, persistently ...
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