Brazil’s retail sales rose more than forecast on gains in categories such as fuels, clothing and electronics, as cases of the omicron variant of the coronavirus plunged.
Sales rose 1.1% in February from the month prior, more than the 0.3% median estimate from analysts in a Bloomberg survey. At the same time, January’s increase was revised higher to 2.1%. From a year ago, retail rose 1.3%, the national statistics agency reported on Wednesday.
