Sales in the Brazilian retail trade were practically stable in August, compared to the previous month, with a variation of -0.1%, informed the IBGE this Friday (7th). In July, the sector had a decline of 0.5%, according to a revised calculation.
In comparison with August 2021, the sector registers a growth of 1.6% and, in the year, an increase of 0.5%. In the last 12 months, the drop is 1.4%.
Market expectations were for a monthly drop of 0.2% and stability in the annual comparison, according to a Reuters survey.
The institute highlights that, in August, the sector had the third consecutive month of negative rate, accumulating a loss of 2.5% in the period.
The volume of sales in broad trade, which includes the activities of vehicles, motorcycles, parts and pieces and construction material, had a decrease of 0.6% in August, in the monthly comparison, and a decrease of 0.7%, compared to August. of 2021.
*In update
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
