May Retail Sales in Brazil Decrease by 1.0%

Brazilian retail sales declined by 1.0% in May 2023. Seasonally adjusted figures showed a decrease in volume, with negative growth in several sectors. Activities such as textiles, clothing, and footwear, as well as supermarkets and food products, experienced significant drops. However, sectors like pharmaceuticals, books and stationery, and fuel and lubricants saw modest growth. The extended retail trade, including vehicles and construction materials, also experienced a slight decline in sales volume. Overall, the retail sector in Brazil faced challenges in May, with negative year-on-year comparisons in various activities and regions.

https://agenciadenoticias.ibge.gov.br/agencia-sala-de-imprensa/37392-em-maio-vendas-no-varejo-caem-1-0.html