Brazil's retail sales dropped by 0.6 percent from a month earlier in November of 2022, following a revised 0.3 percent gain in October and compared with market expectations of a 0.3 percent decline. The latest reading point to the first contraction in retail activity since December 2021, led by lower sales of fuels & lubricants (-5.4 percent), office, computer & communication equipment and supplies (-3.4 percent), books, newspapers, magazines & stationery (-2.7 percent), fabrics, clothing & footwear (-0.8 percent), other articles for personal and domestic use (-0.3 percent), and hyper, supermarkets, food products, beverages and tobacco (-0.2 percent). On the other hand, sales of pharmaceutical, medical, orthopedic & perfumery articles (1.7 percent ) and furniture and home appliances (2.2 percent) increased. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Retail Sales MoM in Brazil averaged 0.27 percent from 2000 until 2022, reaching an all time high of 10.20 percent in May of 2020 and a record low of -18.30 percent in April of 2020. This page provides - Brazil Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.
Retail Sales MoM in Brazil is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Retail Sales MoM is projected to trend around 1.00 percent in 2024, according to our econometric models.