Brazil's retail sales rose 1.2 percent from a month earlier in July of 2021, following a revised 0.9 percent gain in June and beating market expectations of a 0.7 percent increase. It was the fourth monthly advance in a row, with 5 out of 8 activities recording positive growth rates, led by sales of other personal and domestic use goods (19.1 percent); textiles, clothing and footwear (2.8 percent); office, computer and communication equipment and supplies (0.6 percent); hypermarkets, supermarkets, food products, beverages and tobacco (0.2 percent); and pharmaceutical, medical, and cosmetic goods (0.1 percent). On the other hand, sales shrank for books, newspapers, magazines and stationery (-5.2 percent), furniture and household appliances (-1.4 percent); and fuels and lubricants (-0.3 percent). On an annual basis, retail sales hiked 5.7 percent, easing from a 6.3 percent jump in June and comfortably above market expectations of 3.45 percent percent climb. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Retail Sales MoM in Brazil averaged 0.29 percent from 2000 until 2021, reaching an all time high of 11.10 percent in May of 2020 and a record low of -18.40 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 September of 2021.
Retail Sales MoM in Brazil is expected to be 0.40 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 1.10 percent in 2022, according to our econometric models.