Brazil: Retail sales Y-on-Y
* indicates monthly or quarterly data series
| Brazil |
Retail sales Y-on-Y |
|---|---|
| Latest value | -1.4 |
| Reference | November 2022 |
| Measure | percent |
| Source | 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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Measure: percent
Source: Brazilian Institute of Geography and Statistics
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.