Brazil Retail Sales Post Strongest Rise Since March
Brazil’s retail sales increased 0.5% in October, outperforming expectations and showing broad consumer strength across most sectors.
Key Points:
Retail sales +0.5%, strongest since March.
Beat expectations of a decline.
7 of 8 sectors grew; apparel fell.
Top gains: Office & IT (+3.2%), Fuels (+1.4%), Furniture & Appliances (+1.0%).
19 of 27 states recorded growth.
Expanded retail index +1.1%; vehicles +3.0%.
Year-on-year retail growth +1.1%.
#RetailSales# #USeconomy# #MarketSentiment# #PrimetimeGlobalMarkets# #DataReport#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now