Peru: Retail sales up 6.1% in January 2019, exceed US$900 million

Retail sector sales expanded 6.1% in January 2019 compared to the same month last year, Production Minister Rocio Barrios has informed.

In this sense, sales exceeded S/3.1 billion (over US$ 939 million) underpinned by the positive results of department stores, supermarkets, drugstores, pharmacies, as well as hardware and household appliance stores.

«Retail trade in the retail sector is increasing strongly, and it is key since it employs over 108,000 Peruvians, 52% of whom are women. These figures show a greater independent and formal insertion of women in the country’s business network,» the official expressed.

Per sub-sectors

The department store and supermarket sub-sector managed to advance 6.1%, driven by higher sales of beverages and tobacco (14.6%), pharmaceutical products and cosmetics (12.6%), food (7.9%), clothing and footwear (3.9%), plus household goods (0.4%).

On the other hand, the hardware and household appliances activity grew 4.2% due to an increase in sales of hardware and paints (10.1%), furniture (5.6%), as well as household articles (2.6%).

Finally, the drugstore and pharmacy activity increased 9.6%, fueled by higher sales of pharmaceutical and medicinal products (13.4%).

(END) JJN/DTK/MVB

Fuente: Andina

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