Retail Sales in Brazil
Brazil - Retail Sales
Retail sales pick up in July
Retail sales (excluding cars and construction) rose 1.0% from the previous month in seasonally-adjusted terms in July, which followed June’s revised 0.5% growth (previously reported: +0.1% month-on-month) and marked the best reading since November 2018.
The upturn chiefly reflected higher sales of food, beverages and tobacco products; other personal and household articles; and furniture and household appliances.
On an annual basis, retail sales rose 4.4% in July, which was notably above June’s 0.1% rise. Annual average growth in retail sales rose to 1.6%, above June’s 1.2% and breaking the downward trend seen since the start of 2018.
Panelists participating in this month’s LatinFocus Consensus Forecast expect retail sales to increase 1.8% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees retail sales growing 3.1%.
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||7.30||-0.82 %||Sep 04|
|Exchange Rate||4.10||-0.13 %||Sep 04|
|Stock Market||101,201||-0.40 %||Sep 04|
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October 2, 2019
Economic activity fell 0.2% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity.
October 1, 2019
Industrial production jumped 0.8% month-on-month in seasonally-adjusted terms in August, contrasting July’s revised 0.2% fall (previously reported: -0.3% month-on-month).
October 1, 2019
Conditions in Brazil’s manufacturing sector continued improving in September.
September 30, 2019
Business sentiment in Brazil’s industrial sector improved in September, following a slight deterioration in August.
September 25, 2019
The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation (FGV) increased to 89.7 points in September, above August’s 89.2 points and marking the best performance since March this year.