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Brazilian retail sales -4.5% vs. -3.7% forecast

Published 14/07/2015, 13:00
Brazilian retail sales -4.5% vs. -3.7% forecast
Investing.com - Retail sales in Brazil fell more-than-expected last month, industry data showed on Tuesday.

In a report, Instituto Brasiliero de Geografia e Estatistica said that Brazilian Retail Sales fell to a seasonally adjusted -4.5%, from -3.3% in the prior month whose figure was revised up from -3.5%.

Analysts had expected Brazilian Retail Sales to fall to -3.7% last month.

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