INSUBCONTINENT EXCLUSIVE:
In June, amidst the aftermath of devastating floods, Rio Grande do Sul witnessed a remarkable economic turnaround.Small and medium-sized
enterprises (SMEs) experienced a 9.7% surge in revenue, a significant rebound from a 10% drop in May.This recovery, tracked by the Omie
Index, reflects the resilience of over 150,000 local businesses.Felipe Beraldi, an economist at Omie, credits the commerce and industry
sectors as the primary forces behind this resurgence.Commerce saw a dramatic 43% increase, while industry rose by 17% from May to
June.However, some sectors like accommodation, food services, and recreation are still struggling to regain their pre-flood momentum.Rising
(Photo Internet reproduction)Hotels, heavily dependent on the operational return of Salgado Filho Airport, eagerly anticipate a return to
normalcy.The Omie Index, which assesses the performance of businesses across 678 activities, reveals a broader narrative of resilience and
gradual recovery post-disaster.Despite initial setbacks, the index shows a consistent national growth pattern.From January to April, before
the floods, the index already reflected an 8.6% revenue increase from the previous year, highlighting a strong economic foundation.Rio
They not only preserve local jobs but also help stabilize the economy during turbulent times.
