Retail Sales in Brazil

Brazil Retail Sales | Economic News & Forecasts

Brazil - Retail Sales

Retail sales dip in August

Retail sales decreased 3.1% in month-on-month seasonally-adjusted terms in August, contrasting July’s 2.7% increase. The contraction reflected a broad-based downturn across the major sectors, with supermarkets, food, drinks and tobacco, other articles for household and personal use, and fuels and lubricants all declining in August.

On an annual basis, retail sales contracted 4.1% in August, contrasting the 5.7% growth clocked in July and marking the first decline since February. As a result, annual average retail sales growth dropped to 5.0% in August from 5.9% in July, signaling a reversal of the uptrend in the retail trade sector that had been observed over the past six months.

LatinFocus Consensus Forecast panelists expect retail sales to grow 2.9% in 2021, which is down 0.1 percentage points from last month’s forecast, and 2.5% in 2022.

Brazil - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)-4.2  -6.6  2.5  2.3  1.8  

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Brazil Retail Sales Chart


Brazil Retail
Note: Annual variation of retail sales in %.
Source: Brazil Institute of Geography and Statistics.

Brazil Facts

Value Change Date
Bond Yield6.79-0.82 %Dec 31
Exchange Rate4.02-0.13 %Jan 01

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