In Brazil, a positive environment for consumer spending and retail companies has been created by lower inflation, falling interest rates and reduction in household debts. In the 2nd half 2017, as in the 1st half, instead of investment, the local retail sector continued asthe main driving force for economic recovery. According to the Brazilian Institute of Geography and Statistics, retail sales increased by 1.7% in July 2017, i.e. above the Q2 average. According to Bank of America Merrill...
The retail sector finally buzzes in Brazil
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