Supermarket Sales in Brazil Drop 1.61 Percent Last Month

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The sales figures from the supermarket sector fell by 1.61 percent in February compared to January of this year, but reflects an increase of 2.92 percent compared to February 2015, according to the National Index Sales of the Brazilian Association of Supermarkets (ABRAS).

The same report showed that cumulatively, through the first two months of this year, sales fell 0.36 percent, compared to the same period last year.

Chairman of the Advisory Council of ABRAS, Sussumu Honda, told government sources that, "January came with a strong negative number . . .

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