Dec 13, 2011

Brazil: Retail Sales - October 2011

The retail sector did not vary in October compared with the previous month.The seasonally adjusted series for both sales volume and nominal revenue shows nulll variation. This breaks a sequence of 20 months of positive results in the series of nominal revenue. In other comparisons, obtained from the seasonally adjusted series, retailing recorded in terms of sales volume increases of 4.3% over October 2010 and 6.7% accumulated in the first ten months of the year.

The recent evolution of retail sales volume is showed on chart below.

The retail sales index was the only indicator that still was showing positive signs, mainly due to imports of consumer goods. This result is only a confirmation of the weak level of economic activity in Brazil.

Source: IBGE

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