Rio de Janeiro – The Brazilian retail trade ended 2019 with a 1.8% increase in sales. The figure is from the Monthly Trade Survey (PMC) made public this Wednesday (12) by Brazilian Institute of Geography and Statistics (IBGE). Last year was the third year running that saw a growth in retail. But it posted a lower result than both 2018 (2.3%) and 2017 (2.1%).
Seven out of the eight retail activities grew in 2019. Books, newspaper, magazines and stationery were the only exception, down 20.7% year-on-year. The fastest-growing activities were pharmaceutical, medical, orthopedic and perfumery items (6.8%), other personal and household items (6%), and furniture and house appliances (3.6%).
Translated by Guilherme Miranda