Brazil Economic Watch: ”Retail sales drop 0.2%m/m and reinforce perspectives of economic moderation”
Published on Thursday, June 9, 2011
Brazil Economic Watch: ”Retail sales drop 0.2%m/m and reinforce perspectives of economic moderation”
Summary
The downward adjustment of retail sales surprised markets which expected a 0.4%m/m growth and added to other recent evidence that economic activity is gradually losing dynamism.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
- Real Estate
- Migration
- Banks
Authors
BBVA Research
BBVA Research