Brazil: Retail sales pick back up in November

In November, retail sales (excluding cars and construction) increased 0.7% over the previous month in seasonally-adjusted terms. The increase was above the 0.3% rise registered in October and exceeded market expectations of a 0.4% increase. On an annual basis, retail sales expanded 7.0% in November, which was above the 5.4% growth rate registered in October.

Read more about Brazilian Retail.

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