In December, retail sales (excluding cars and construction) remained flat over the previous month after seasonal adjustments. The reading, which followed on a 0.8% rise in November, undershot analysts' expectations of a 0.4% expansion. On an annual basis, retail sales accelerated slightly from 9.9% in November to 10.1% in December. The flat reading reflected lower sales of food and beverages (-0.3% month-on-month), as higher prices in supermarkets curbed the volume of trade of such goods. Meanwhile, the broad index that includes automobiles and construction materials expanded 2.3% over the previous month in December, on the back of strong sales of vehicles (+4.7% mom). As a result of the resilience of retail sales, which recorded only one negative month-on-month reading last year, full-year growth accelerated from 5.9% in 2009 to 10.9% in 2010.
Retail sales grow at double-digit pace in 2010
February 15, 2011
Looking for forecasts related to Retail in Brazil? Download a sample report now.
Brazil Economic News
October 19, 2016
At its 19 October meeting, the Central Bank’s Monetary Policy Committee (COPOM, Comite de Politica Monetaria) decided to cut the benchmark SELIC interest rate for the first time in four years, lowering it from 14.25% to 14.00%.
October 18, 2016
Retail sales (excluding cars and construction) fell 0.6% in August from the previous month in seasonally-adjusted terms.
October 7, 2016
Consumer prices in September increased 0.08% over the previous month, the lowest rise since July 2014.
October 4, 2016
In August, industrial production plunged 3.8% over the previous month in seasonally-adjusted terms, which significantly contrasted the 0.1% expansion recorded in July and marked the worst result since January 2012.
October 3, 2016
The Markit manufacturing Purchasing Managers’ Index (PMI) rose slightly in September, increasing from August’s 45.7 to 46.0.