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Brazil Economic Watch: ”Retail sales drop 0.2%m/m and reinforce perspectives of economic moderation”

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Published on Thursday, June 9, 2011

Brazil Economic Watch: ”Retail sales drop 0.2%m/m and reinforce perspectives of economic moderation”

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.