The Auxílio Brasil benefit, which was recently boosted, had its payment started this Tuesday, 9. The amount released was R$ 600 and for the first beneficiaries with NIS numbers ending in 1, 2 and 3. The transfer animated the Brazilian economy and generated high expectations for Father's Day.
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Payments that should take place by August 22nd could lead to a real injection of resources for various sectors of the economy.
benefited sectors
The main sectors benefiting from the increase in Auxílio Brasil are those of basic services: supermarkets, gas stations, clothing and those of shopkeepers and retailers. This is because next Sunday will be a commemorative date in honor of parents.
It is expected that the movement of the retail sectors will be of R$ 7.28 billion until the end of the week. At least that's what the National Confederation of Trade in Goods, Services and Tourism points out.
The increase should exceed Easter sales (2.2%) and Mother's Day (3.9%), according to Fábio Bentes, CNC economist. This should be the best date for retail sales growth in 2022, accumulating a 5.3% increase over the same period in 2021.
“A series of consumption stimuli was lined up: there was the release of FGTS, anticipation of INSS and now the Auxílio Brasil turbocharged. This will play in favor of sales, along with another factor, which is the reduction of inflation, due to the reduction in fuel costs.” explained Fabio Bentes.
Market movement in August
The injection into the market is the result of around 20.2 million families who will receive the benefit by the end of this month. The Ministry of Citizenship also foresees that more than 2.2 million new beneficiaries of the program will be included in the payment grid still in August.
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