Despite World Cup Brazil's Retail Sales Fall Brisk 3%

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Brazzil Magazine - Since 1989 trying to understand Brazil

Despite World Cup Brazil's Retail Sales Fall Brisk 3%

2010 - June 2010

Written by Newsroom

Saturday, 19 June 2010 15:28

Car accessories shop in Brazil Retail sales declined 3% month-on-month in April, in Brazil, with only two of the ten surveyed sales components recording gains, the statistical agency IBGE (Brazilian Institute of Geography and Statistics) said Wednesday. Economists were expecting sales to drop at a much slower rate of 1.6%.