HOME > Business

Retail sales in Brazil fell 2,6% in December compared to the previous month, according to IBGE.

A Reuters poll indicated that expectations were for a 0,7% decline.

Retail sales in Brazil fell 2,6% in December compared to the previous month, says IBGE (Photo: Reuters/Pilar Olivares)

Reuters - Brazilian retail sales fell 2,6% in December compared to the previous month, but rose 0,4% compared to the same month of the previous year, the Brazilian Institute of Geography and Statistics (IBGE) reported on Thursday.

A Reuters poll indicated that expectations were for a 0,7% decline compared to the previous month and a 2,40% increase compared to a year earlier.

Subscribe to 247, Support via Pix, Subscribe to TV 247, in the channel Cuts 247 and watch: