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Brazil Q3 retail sales up 6.3% y/y, 1.6% q/q, Stone survey shows
Poder360·BR·about 7 hours ago
Brazilian retail sales rose 6.3% year-on-year in Q3, per the Stone Retail Index, with September up 5.4% y/y but down 0.3% m/m. The data suggests resilient consumer demand despite monthly softness, supporting growth expectations. Uncertainty remains over sustainability as high rates weigh.