Brazil’s retail sales shrank 1.3 percent from a month earlier in September of 2021 from an upwardly revised 4.3 percent decrease in August, missing market expectations of a 0.6 percent drop. Trade declined for six of the eight categories, as downward pressure came from office, computer, and communication equipment (-3.6 percent), furniture and electronics (-3.5 percent), and fuels and lubricants (-2.6 percent). Further decreases were seen in articles of domestic and personal use (-2.2 percent), supermarket and hypermarket products (-1.5 percent), and clothing and textiles (-1.1 percent). Meanwhile, trade rose for pharmaceutical, medical, and orthopedic articles; perfumery and cosmetics (0.1 percent) and remained unchanged for books, newspapers, and magazines. On a yearly basis, retail sales declined 5.5 percent, surpassing market expectations of a 4.3 percent decrease. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Retail Sales YoY in Brazil averaged 3.48 percent from 2001 until 2021, reaching an all time high of 23.70 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 December of 2021.
Retail Sales YoY in Brazil is expected to be 2.10 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 YoY is projected to trend around 1.90 percent in 2022 and 2.30 percent in 2023, according to our econometric models.