Brazil Retail Sales Rise Less Than Expected in August
Statistics agency IBGE said retail sales increased in August, with high interest rates continuing to weigh on consumer demand.
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12:42:46 PM UTC
SquawkNews
UPDATE 1 – Brazil retail sales rise less than expected in August
Data from statistics agency IBGE showed on Thursday that Brazil’s retail sales increased less than expected in August, with high interest rates continuing to weigh on consumer demand in Latin America’s largest economy.