Uruguay showed “minor restrictions on consumption” with “moderately positive developments at the end of last year, with respect to the previous quarters measurements”, said the Monitor of Retail demand produced by equipment consultants and reported yesterday.
The consultant explained that “while much of this improvement can be explained by seasonal effects”, the same “occurs in a context of general expectations of improvement and consumer confidence, leading to conjecture about end of year there was an improvement of the indicators which goes beyond that could be expected from the effects of the end of year celebrations”.
Added that “consumers are showing more optimistic and have relaxed, in mild to moderate form, demand for retail goods restrictions”.
In fact, “the proportion of respondents that attaches more or much more in the prices of the products you buy in supermarkets, hypermarkets, Department stores, supermarkets and other similar showed a fall of some importance in December, reaching 49% of respondents. During 2016 this indicator had remained at around 60% of consumers”, said the report.
Added that “this result would be associated to minor levels of inflation and to a consolidation in it improves of indicators of confidence and expectations that are observed to end of the year last”.
In line with this, “for attention of consumers (more attentive or much more attentive than a year ago) to promotions, discounts and offers in supermarkets, hypermarkets, Department stores, supermarkets and other similar products” “slowed in December, up to 40% of the respondents (from 50% in previous measurements)”, said equipment.
In addition, the proportion of people who “conducted searches for prices online supermarkets, hypermarkets, Department stores, supermarkets and other similar products, either via a computer or cellphone, is”