Brazil - U.S. Business Council

  • About
    • Leadership
    • Meet the Team
    • BUSBC Policy Agenda
    • Events
  • Policy Agenda
  • Newsroom
    • BUSBC 2022 Elections Series
    • Publications
  • Membership
    • Member Companies
    • Sponsorships

Brazilian retail sales stage sharp rebound in November

January 10, 2017 by

Brazilian retail sales staged a sharp rebound in November after four straight months of decline, the Brazilian Census Bureau (IBGE) said Tuesday. Retail sales rose 2 percent in November against October, on a seasonally adjusted basis. Retail sales figures came in ahead of analyst expectations. Most heartening of all, the rise in sales was led by big-ticket household items such as furniture and appliances. Supermarket sales also advanced, while overall retail sales were still down 3.5 percent against November 2015. However, the month-on-month figures gave economists hope that a long-awaited rebound may be in store for Brazil’s economy in 2017.

Link to IBGE release

More Testimonials

Filed Under: Brazil News

Brazil In The News

Brazil-U.S. Business Council

View All Brazil News Alerts

Upcoming Events

  1. The U.S.-Brazil Clean Energy Industry Dialogue

    August 18 @ 2:30 pm - 5:45 pm UTC+0

View All Events

Connect With Us

Brazil-U.S. Business Council
1615 H Street NW
Washington, DC 20062

Phone: 202-463-5729
Email: brazilcouncil@uschamber.com

  • Facebook
  • LinkedIn
  • Twitter
Copyright © 2022 | Brazil-U.S. Business Council | Privacy Policy