empty
 
 

2022.12.0812:46:00UTC+00Brazil Retail Sales Rise For Third Month

Brazil's retail sales increased for the third successive month in October, and at a faster-than-expected pace, figures from the Brazilian Institute of Geography and Statistics, or IBGE, showed on Thursday.

Retails sales climbed a seasonally-adjusted 0.4 percent month-on-month in October, slower than the 1.2 percent rise in September. Economists had forecast sales to increase by 0.3 percent.

Sales of furniture and household appliances grew the most by 2.5 percent over the month, and those of office equipment and supplies, IT, and communication gained 2.0 percent.

On a yearly basis, retail sales growth eased to 2.7 percent in October from 3.2 percent in the previous month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback