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Central Bank: Inflation likely tobenegative inJune, thenrebound

Central Bank: Inflation likely tobenegative inJune, thenrebound
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Agencia brasilCampos netoRoberto campos netoLuiza trajanoRetail development instituteBrazilian central bankCentral bankInflation reportFocus readout

Brazil retail sales up 0 1% in April driven by Easter

Retail sales in Brazil rose for the second consecutive month in April driven by Easter sales, data from government statistics agency IBGE showed on Wednesday, but that was still not enough for them to meet market expectations. Sales increased 0.1% in the month compared with March, IBGE said in a report, boosted by supermarket shopping but slightly below consensus of 0.3% from economists polled by Reuters, as growth lost steam from the previous month. "Retail sales remain resilient, but tight financial conditions are preventing a stronger recovery," Pantheon Macroeconomics' chief economist for Latin America, Andres Abadia, said in a note to clients.

United statesCamila moreiraNick zieminskiGabriel araujoSteven grattanCampos netoClaudia morenoLuiza trajanoLuiz inacio lulaAndres abadiaRoberto campos netoLatin americaPresident luiz inacio lulaMagazine luizaGovernor roberto campos neto

Central Bank: Inflation likely to be negative in June, then rebound in Brazil

Central Bank: Inflation likely to be negative in June, then rebound in Brazil
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Distrito federalCampos netoAgencia brasilLuiza trajanoRoberto campos netoCentral bankRetail development instituteBrazilian central bankInflation reportFocus readout

Brazil retail sales up 0 1% in April driven by Easter

SAO PAULO (Reuters) - Retail sales in Brazil rose for the second consecutive month in April driven by Easter sales, data from government statistics ag.

United statesAndres abadiaCampos netoNick zieminskiClaudia morenoRoberto campos netoLuiz inacio lulaGabriel araujoSteven grattanCamila moreiraLuiza trajanoLatin americaPresident luiz inacio lulaMagazine luizaGovernor roberto campos neto

Central Bank: Inflation likely to be negative in June, then rebound

Central Bank: Inflation likely to be negative in June, then rebound
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Luiza trajanoCampos netoRoberto campos netoCentral bankBrazilian central bankRetail development instituteInflation reportFocus readout