Retail sales Y-on-Y
| Latest value
||Brazilian Institute of Geography and Statistics
For that indicator, we provide data for Brazil from January 2018 to November 2022. The average value for Brazil during that period was 2.64 percent with a minimum of -27.4 percent in April 2020 and a maximum of 40.9 percent in April 2021.
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Source: Brazilian Institute of Geography and Statistics
Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.