Retail Sales in Brazil increased 6.10 percent year-on-year in August of 2020, following a 5.5 percent gain in the previous month but missing market expectations of a 7 percent rise, amid the coronavirus pandemic.
Retail Sales YoY in Brazil averaged 3.41 percent from 2001 until 2020, reaching an all time high of 15.70 percent in March of 2010 and a record low of -17.10 percent in April of 2020. This page provides - Brazil Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Retail Sales YoY in Brazil is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Brazil to stand at 1.70 in 12 months time. In the long-term, the Brazil Retail Sales YoY is projected to trend around 1.90 percent in 2021 and 2.30 percent in 2022, according to our econometric models.