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10th Aug 2016 04:43Latin America, Economic Monitor

Brazil's retail sales ended the second quarter on a less-bad footing. Sales volumes increased 0.1% month-to-month in June, pushing the year-over-year rate up to -5.3%, from -9.0% in May. Smoothed year-over-year growth in retail sales has improved to -7% from its cyclical trough of around -9% in the end of last year.

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Keywords for: 10 August. 2016 Surprise Rise in Brazil's Retail Sales, Fundamentals Remain Poor

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