Survey carried out by CNC shows that the segment ceased to earn R$ 286.4 billion since the pandemic started last March
The pandemic is the main responsible for the loss of almost R$ 286.4 billion in revenues, as calculated by the National Commerce Confederation of Goods, Service and Tourism (CNC). The number refers to sales volume that did not happen in the retail in the period that goes from the second half of March through the end of July.
Good news is that this loss, that leaped from R$ 39.3 billion in March to R$ 77.4 billion in April, is decreasing since the month of May, reaching R$ 54.6 billion in June and ending July in R$ 45.6 billion.
According to data collected in June by the Monthly Commerce Survey, carried out by IBGE (Brazilian Institute of Geography and Statistics), sales in supermarkets of the country represented 9% of all transactions made in the retail sector.