Retail Sales in Brazil

Brazil Retail Sales | Economic News & Forecasts

Brazil - Retail Sales

Retail sales fall in December

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). The figure disappointed analysts’ expectations of a 0.2% rise and marked the poorest result in eight months.

December’s decline was driven by declining sales of food products, beverages and tobacco; pharmaceutical and medical goods; and clothing and footwear. Conversely, higher sales of furniture and household appliances, and books and other stationery goods offset the drop.

On an annual basis, retail sales growth eased to 2.7% in December from 3.1% in November. Meanwhile, annual average growth in retail sales increased to 1.9% in December from 1.6% in November.

Panelists participating in this month’s LatinFocus Consensus Forecast expect retail sales to increase 3.0% in 2020, which is up 0.2 percentage points from last month’s forecast. For 2021, the panel sees retail sales growing 3.0%.

Brazil - Retail Sales Data

2014   2015   2016   2017   2018  
Retail Sales (annual variation in %)2.2  -4.4  -6.3  2.1  2.3  

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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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