76216
Brazil Retail Sales Rebound
Brazil Retail Sales Rebound

Brazil Retail Sales Rebound

Brazil Retail Sales Rebound

Brazilian retail sales rebounded in September from an unexpected drop in the prior month as lower unemployment provided a welcome boost to consumer spending, Reuters reported. Sales volumes, excluding cars and building materials, rose 0.5% in September from August after seasonal adjustments, government statistics agency IBGE said on Tuesday. Retail sales increased 6.40% from the year before, compared to the median forecast of 5.20%. The reading exceeded economists’ median forecast of a 0.40% increase in a Reuters poll, and bucked a two-month string of underwhelming figures that had stoked concerns over Brazil’s recovery from its worst recession in a century.

Short URL : https://goo.gl/vM5MYu
  1. https://goo.gl/zYF4rf
  • https://goo.gl/V3yQhZ
  • https://goo.gl/xi1GBp
  • https://goo.gl/cUXjgJ
  • https://goo.gl/JBHUHK

You can also read ...

Close to 40% of digital transformation initiatives will be supported by AI capabilities.
The digital economy in Asia-Pacific, or APAC, is expected to...
An electronic stock indicator of a securities firm in Tokyo.
As investors come to terms with the impending end of easy...
Maersk is expanding its competitive universe to include different types of companies.
The world’s largest container company will start looking for...
Lloyds Profits Miss Forecasts
Lloyds Banking Group PLC raised its 2017 dividend by 20% and...
Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
Italy’s economy is growing again, but it’s still the worst...
CBs May Top Inflation Targets
Not only will central banks meet their inflation targets, they...
NZ Says Pacific Trade Deal Will Boost GDP
New Zealand estimates a Pacific trade deal would boost its...
Pak Current Account Gap Widens
Pakistan’s current account deficit widened 28.74% on a month-...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus