Brazil: Retail sales slow in September

In September, retail sales (excluding cars and construction) increased 0.5% over the previous month in seasonally-adjusted terms. The increase was below both the 0.9% rise registered in August and market expectations of a 0.8% increase. On an annual basis, retail sales expanded 4.1% in September, which was below the 6.2% growth rate registered in August.

Read more about Brazilian Retail.

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