Brazilian February Retail Sales Fall 0.5% From Month Earlier

Brazil’s retail sales declined 0.5 percent in February from January, the national statistics agency said. The median estimate was for a 0.3 percent decrease, according to a Bloomberg survey of 34 economists.

Retail sales rose 9.6 percent from the year before.

To contact the reporter on this story: Joshua Goodman in Rio de Janeiro at jgoodman19@bloomberg.net

To contact the editor responsible for this story: Harry Maurer at hmaurer@bloomberg.net

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