Retail Sales in Brazil
Brazil - Retail Sales
Retail sales growth contracts in April
Retail sales (excluding cars and construction) fell 0.6% from the previous month in seasonally-adjusted terms in April, contrasting March’s 0.1% increase. The result undershot market expectations of a flat reading and suggests that the economy’s weaknesses in Q1 may have spilled over into Q2.
Five of the eight subcomponents recorded falling sales in April, including sales of food, beverages and tobacco.
On an annual basis, retail sales increased 1.7% in April, contrasting March’s 4.4% contraction. Annual average growth in retail sales was unchanged at March’s 1.4% in April.
Panelists participating in this month’s LatinFocus Consensus Forecast expect retail sales to increase 2.7% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees retail sales growing 3.3%.
Brazil - Retail Sales Data
|Retail Sales (annual variation in %)||4.3||2.2||-4.4||-6.3||2.1|
5 years of economic forecasts for more than 30 economic indicators.
Brazil Retail Sales Chart
Source: Brazil Institute of Geography and Statistics.
|Bond Yield||7.88||-0.82 %||Jun 13|
|Exchange Rate||3.85||-0.13 %||Jun 13|
|Stock Market||98,774||-0.40 %||Jun 13|
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June 14, 2019
In April, economic activity decreased 0.5% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity.
June 12, 2019
Retail sales (excluding cars and construction) fell 0.6% from the previous month in seasonally-adjusted terms in April, contrasting March’s 0.1% increase.
June 7, 2019
Consumer prices rose 0.13% in May over the previous month, a softer gain than April’s 0.57% increase and undershooting expectations of a larger 0.20% rise.
June 4, 2019
Industrial production rose a soft 0.3% month-on-month in seasonally-adjusted terms in April, contrasting March’s revised 1.4% drop (previously reported: -1.3% mom) and undershooting market expectations.
June 3, 2019
Conditions in Brazil’s manufacturing sector appear to have deteriorated further in May.