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Brazil retail sales rise by better than expected 0.9% in April

reuters.com · 06/10/2022 08:00
Brazil retail sales rise by better than expected 0.9% in April

- Brazil's Retail sales beat expectations and rose for a fourth straight month in April, official figures showed on Friday, even as inflation remained at double-digit levels in Latin America's largest economy.

Sales grew 0.9% in April from March BRRSL=ECI, said government statistics agency IBGE, while economists polled by Reuters had expected a 0.4% rise.


(Reporting by Camila Moreira and Gabriel Araujo
Editing by David Goodman
)

((Gabriel.Araujo2@thomsonreuters.com; +55 11 5644 7745;))