Retail sales in Brazil fell 0.4% month-over-month in November 2024, reversing from a 0.4% increase in October and compared to market forecasts of a 0.1% rise. Sales declined for furniture and appliances (-2.8%), pharmaceutical, medical, orthopaedic, and perfumery items (-2.2%), books, newspapers, magazines, and stationery (-1.5%), and hypermarkets, supermarkets, food, beverages, and tobacco (-0.1%). On the other hand, sales increased for office equipment and supplies, IT, and communication (3.5%), fuels and lubricants (1.5%), and textiles, clothing, and footwear (1.4%). Year-on-year, retail sale sin Brazil were up 4.7%, following an upwardly revised 6.7% gain in October and much higher than forecasts of 3.8%. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Retail Sales in Brazil decreased 0.40 percent in November of 2024 over the previous month. Retail Sales MoM in Brazil averaged 0.27 percent from 2000 until 2024, reaching an all time high of 11.50 percent in May of 2020 and a record low of -15.70 percent in April of 2020. This page provides - Brazil Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Retail Sales in Brazil decreased 0.40 percent in November of 2024 over the previous month. Retail Sales MoM in Brazil is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Retail Sales MoM is projected to trend around 0.80 percent in 2026, according to our econometric models.