Retail sales in Brazil jumped 8.2% in February, on an annual basis, rising much more than market estimates, according to data released Thursday.
The expectation for the figure was to show an annual increase of 3.3% in February, following a 4% year-on-year increase in January.
On a monthly basis, retail sales rose 1% in February, compared to January, the Brazilian Institute of Geography and Statistics (IBGE) figures showed.
The expectation for the figure was to show a monthly decrease of 1%.
Retail sales increased 2.8% in January, compared to the previous month. -
Sondakika-haberleri net
The expectation for the figure was to show an annual increase of 3.3% in February, following a 4% year-on-year increase in January.
On a monthly basis, retail sales rose 1% in February, compared to January, the Brazilian Institute of Geography and Statistics (IBGE) figures showed.
The expectation for the figure was to show a monthly decrease of 1%.
Retail sales increased 2.8% in January, compared to the previous month. -
Sondakika-haberleri net
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