Commercial activity grew 3.36% in July of 2024

In July of 2024, the commerce sector registered a growth of 3.36% compared to the same month of 2023, based in the positive incidence of the wholesale trade and the retail trade; nevertheless, the automotive trave registered a decrease in their figures.

In the first seven months of the year, the commercial sector accumulated a progress of 2.59%.

The wholesale trade grew 3.83%, driven by the sale of other household goods, among them, the pharmaceutical products, perfumery, cosmetics and personal care articles, appliances for domestic use, tableware, stationary items and school text by campaign of National Holidays.

In addition, the sale of machinery and equipment increased, due to the greater demand of the following sector such as mining and construction and requirement of medical equipment. Likewise, the sale of solid, liquids, gas fuels and lubricants, mainly targeted to construction, mining and fishing sectors, to the retail supply stores and domestic gas distributors.

Likewise, the sale of foods, beverages and tobacco grew, due to the greater supply of products and basic commodities and retail chains. The same behavior registered the sale of construction materials and hardware covers, outstanding the material of floor covering, equipment for sanitation installations, hand tools and melamine worktops.

Moreover, there was greater commercialization of chemical substances for different industries, fertilizers and chemical products of agricultural use, textile fibers, bulk paper and additives for mines. Finally, the sale of textile products, clothing items and footwear for winter season and commercial strategies.

On the other hand, the sale of chemical products such as scents and flavors, raw materials for pharmaceutical, veterinarian and sport articles materials, decreased.

The retail trade increased in 3.85% in July of 2024, explained by the sale of fuels and lubricants for automotive vehicles in gas stations and self-services gas stations, in line with the growth of the automotive fleet.

Likewise, the sale of footwear and clothing items grew before the promotions by National Holidays and greater demand of warm clothing. The sale of computers, computer accessories, computer programs and telecommunications equipment followed the same trend, driven by the offers in events such as “Cyber Day”.

Likewise, the sale of pharmaceutical and medicinal products, cosmetics and toiletries, for new lines of products and discounts. Furthermore, the sale of electro-domestics increased due to the promotions in white, brown and silver goods combos, furniture and accessories.

At the same time, the sale of products such as agricultural inputs, pesticides, optical frames, ergonomic chairs, topographical instruments and veterinary medicinal products. It also increases the sale in supermarkets and mini-markets, and sale in department stores, before payment facilities through consumption credits and commercial strategies.

On the other hand, the sale of newspapers and stationary items and sale of audiovisual equipment, decreased.

During the month under analysis, the automotive trade reported a decrease of 2.36%, due to the lower sale of automotive vehicles and its maintenance and repair. Nevertheless, it shows the growth of sale of parts, pieces and accessories of automotive vehicles due to the demand of pneumatics and other accessories.

Likewise, the sale, the maintenance and the repair of motorcycles and its parts, pieces and accessories grew, driven by the events such as “Expo 2 Ruedas 2024”, offering models portfolio with payment facilities and bonus of discount.