Brazil Economic Watch: ”Brazil: retail sales expanded 0.6%m/m in May, in line with expectations”
Published on Monday, July 11, 2011
Brazil Economic Watch: ”Brazil: retail sales expanded 0.6%m/m in May, in line with expectations”
Summary
There are signs of activity moderation, but much more is needed to rule-out overheating risks. Markets will remain focused on demand-side indicators during the next few months.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
- Real Estate
- Migration
- Banks
Authors
BBVA Research
BBVA Research