Note

October 08, 20 - 3:59 pm - Reuters

Brazilian retail sales increased 3.4% in August over the previous month

Brazilian retail sales increased 3.4% in August over the previous month, in the seasonally adjusted series, and reached the highest volume in the historical series of the Brazilian Institute of Geography and Statistics (IBGE, in Portuguese), leveraged by the payment of the emergency aid (the Brazilian financial aid created to soften the COVID-19 pandemic economic effects) showed data released on Thursday.

Read more about it here.