Economy

Panel SA: Restaurants and markets remain below pre-pandemic level

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The volume of sales in supermarkets and restaurants still remains at a lower level than pre-pandemic, according to a survey by Fipe (Fundação Instituto de Pesquisas Econômicas) in partnership with Alelo. The data signal the impact of the history of inflation and tightening of income.

The drop is 7% in supermarket transactions and almost 3% in the amount spent by the consumer in the comparison of July 2022 with the same month of 2019.

In restaurants, the difference compared to July 2019 is greater, with a 40% drop in the volume of transactions and more than 30% in the amount spent.

In the monthly comparison, between June and July, the scenario points to an upward trend, with a 5% growth in supermarket transactions and 6% in restaurants.

Joana Cunha with Paulo Ricardo Martins and Diego Felix

businessinflationipcaleafrestaurantsretailsalessupermarket

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