Retail sales in Brazil grew at a record 23.8% year-on-year in April of 2021, above market estimates of a 19.8% jump, mainly due to a low base year effect linked to the beginning of the Covid-19 crisis. Year-to-date, retail sales advanced 4.7% compared to the same period a year ago. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Retail Sales YoY in Brazil averaged 3.47 percent from 2001 until 2021, reaching an all time high of 23.80 percent in April of 2021 and a record low of -17.10 percent in April of 2020. This page provides - Brazil Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Retail Sales YoY in Brazil is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Brazil to stand at 4.00 in 12 months time. In the long-term, the Brazil Retail Sales YoY is projected to trend around 1.90 percent in 2022 and 2.30 percent in 2023, according to our econometric models.

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Brazil Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
23.80 2.20 23.80 -17.10 2001 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-03-12 12:00 PM Jan -0.3% 1.3% -0.25% -0.3%
2021-04-13 12:00 PM Feb -3.8% -0.4% -3.9% -3.4%
2021-05-07 12:00 PM Mar 2.4% -3.9% -1.7% -2%
2021-06-08 12:00 PM Apr 23.8% 2.2% 19.8% 19.5%
2021-07-07 12:00 PM May 23.8%
2021-08-11 12:00 PM Jun
2021-09-10 12:00 PM Jul
2021-10-06 12:00 PM Aug

Brazil Retail Sales YoY
In Brazil, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.