Brazilian retail sales took a hit in May because of an 11-day truckers’ strike that month, the Brazilian Census Bureau (IBGE) said Thursday. The strike caused shortages of everything from fuel to perishables, with effects lingering into June. Retail sales in May were down 0.6% against April, erasing the 0.7% month-on-month gain registered in April. Retail sales advanced in May by 2.7% against May of 2017. The biggest declines in month-on-month retail sales in May were in areas such as fuels and manufactured goods. Supermarkets managed to eke out a small gain.
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