Brazilian retail sales fell for the second month in a row in June, reflecting effects of an 11-day truck strike in May, the Brazilian Census Bureau (IBGE) said Friday. Sales were down 0.3% against May. In May, retail sales declined 1.2% against the previous month. The truck strike led to supply shortages at stores and filling stations, with retailers taking weeks to restore inventories. Economists said effects of the truck strike have now largely dissipated, with retail sales likely to post positive results for July and August. The June decline was led by supermarkets, but sales of big-ticket items surged. Overall, June sales were up 1.5% against June of 2017.
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