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Brazil retail sales rise 1% in March -Breaking

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© Reuters. FILEPHOTO: An individual checks the price of television sets being sold in a Sao Paulo store on June 1, 2018. Picture taken June 1, 2018. REUTERS/Leonardo Benassatto

BRASILIA (Reuters – Brazil’s Retail Sales rose 1% between February and March according to the IBGE, a government statistic agency. It is higher than the 0.4% forecasted in Reuters poll.

The sales were also up by 4% compared to the previous month one year ago, which was higher than the predicted 2.1% increase.

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