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.

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