Itaú BBA - Retail sales sustain upward trend

Macro Brazil

< Volver

Retail sales sustain upward trend

diciembre 11, 2019

Retail sales advance in October


For the version with all charts and tables, please open the attached pdf file
 

 In October, broad retail sales climbed 0.8% mom/sa, while the core index (excluding vehicles and construction material) rose 0.1%.

 Growth was widespread, being positive in 8 out of 10 retail categories and led by “vehicles, motorcycles and parts, “construction material” and “office equipment and supplies”.

 The data show that consumer spending continues to gain momentum in the short term, partly due to withdrawals from the workers' fund FGTS.
 

Luka Barbosa
Matheus Felipe Fuck


For the version with all charts and tables, please open the attached pdf file



< Volver