Brazil: Retail sales slow further in October

In October, retail sales (excluding cars and construction) increased 0.2% over the previous month in seasonally-adjusted terms. The increase was below the 0.5% rise registered in September, but it matched market expectations. The result marked the lowest growth rate in seven months. On an annual basis, retail sales expanded 5.3% in October, which was above the 4.3% growth rate registered in September.

Read more about Brazilian Retail.

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