Brazil Retail June 2018

Brazil

Brazil: Retail sales continue to contract in June

August 13, 2018

Retail sales (excluding cars and construction) fell 0.3% from the previous month in seasonally-adjusted terms in June, following May’s revised 1.2% contraction (previously reported: -0.6% month-on-month).

Drops in sales of fuels and lubricants; and hypermarkets, supermarkets, food products, beverages and tobacco drove the month-on-month decline.

On an annual basis, retail sales increased 1.5 in June, a sharp deterioration from May’s 2.7% rise. Annual average growth came in at 3.6% from May’s 3.7%.

Brazil Retail Sales Forecast


Panelists participating in this month’s LatinFocus Consensus Forecast expect retail sales to increase 3.3% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees retail sales growing 3.4%.


Author: Angela Bouzanis, Lead Economist

Sample Report

Looking for forecasts related to Retail in Brazil? Download a sample report now.

Download

Brazil Retail Chart


Brazil Retail June 2018

Note: Month-on-month changes of seasonally-adjusted retail sales and annual average growth rate in %.
Source: Brazilian Institute of Statistics and Geography (IBGE) and FocusEconomics Consensus Forecast.


Brazil Economic News

  • Brazil: Real plunges to new record low in February

    February 17, 2020

    The Brazilian real continued its downward spiral in early February, hitting an all-time low of BRL 4.36 per USD on 12 February, marking an over 6.0% depreciation over the prior month.

    Read more

  • Brazil: Economic activity declines at quickest pace in 10 months in December

    February 14, 2020

    Economic activity fell 0.3% in seasonally-adjusted month-on-month terms in December, contrasting November’s revised 0.1% increase (previously reported: +0.2% month-on-month) and missing expectations of a softer 0.2% drop. On an annual basis, economic activity rose 1.3% in December up from a downwardly revised 0.8% in November (previously reported: +1.1% year-on-year), while annual average growth in economic activity was stable at 0.9%. Looking ahead, economic output is expected to gain some impetus on the back of a looser monetary stance, which should in part fuel fixed investment.

    Read more

  • Brazil: Retail sales fall in December

    February 12, 2020

    Retail sales, excluding cars and construction, fell 0.1% over the prior month on a seasonally-adjusted basis in December, contrasting November’s revised 0.7% increase (previously reported: +0.6% month-on-month).

    Read more

  • Brazil: Real plunges to new record low in February

    February 10, 2020

    On 7 February, the Brazilian real fell to a fresh record low against the U.S. dollar, ending the day at 4.32 per USD, which marked a 6.2 depreciation over the same day in January.

    Read more

  • Brazil: Inflation eases in January

    February 10, 2020

    Consumer prices increased 0.21% month-on-month in January, following December’s sharp 1.15% increase.

    Read more

More news

Search form