Economic news
Brazil retail sales rise 1% in March
2022.05.10 15:51
FILE PHOTO: A man checks prices of television sets for sale in a store in Sao Paulo, Brazil June 1, 2018. Picture taken June 1, 2018. REUTERS/Leonardo Benassatto
BRASILIA (Reuters) – Retail sales in Brazil rose 1% in March from February, government statistics agency IBGE said on Tuesday, more than the 0.4% increase forecast in a Reuters poll of economists.
Sales were up 4% from the same month a year earlier, also higher than the 2.1% raise predicted by economists.