The growth was mainly driven by the airline sector, which grossed BRL 4.4 billion, up 113.5 percent in one year. Compared to 2019, revenue was 3.8 percent lower.
With the arrival of the Omicron variant, the scenario has changed and the numbers from two months ago do not reflect the impact of the new wave of COVID-19 in 2022.
Confirmed the projection, the São Paulo retail should reach BRL 91 billion in sales in the month of Christmas, BRL 4.2 billion more than in 2020.
The segment that registered the most expressive result, as of the fourth month of the year, was air transport, with an annual increase of 83.9%.
Altamiro Carvalho, the federation’s economic adviser, said this week that spending on interest exceeds total yearly costs in education, services, and clothing.
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