Pantheon Macroeconomics - Brazil's consumer recession seems never-ending. Retail sales fell 0.8% month-to-month in October, pushing the headline year-over-year rate down to -8.2% in October, from -5.7% in September. Recent financial market volatility, credit restrictions and the ongoing deterioration of the labour market continue to hurt consumers.

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14 December 2016 Brazil Consumption Under Strain in Early Q4, but it Will Improve, Soon

By Andres Abadia

Brazil's consumer recession seems never-ending. Retail sales fell 0.8% month-to-month in October, pushing the headline year-over-year rate down to -8.2% in October, from -5.7% in September. Recent financial market volatility, credit restrictions and the ongoing deterioration of the labour market continue to hurt consumers.

Posted: 13th Dec 2016 in 'Latin America Documents'

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Keywords for: Latin America Documents | 14 December 2016 Brazil Consumption Under Strain in Early Q4, but it Will Improve, Soon

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