Brazil’s retail sales fell by 0.1% in January 2025, marking three months of consecutive declines. Major drops occurred in pharmaceutical and food sales, while office supplies and fuel sales rose. Year-on-year, retail sales increased by 3.1%.
In January 2025, Brazil experienced a 0.1% decrease in retail sales on a month-over-month basis, following a revised decline of 0.3% in December 2024. This continuous decline marks the third consecutive month of reduced retail sales, although it indicates a stabilization trend within the retail sector, according to Cristiano dos Santos from IBGE. Notably, sales in pharmaceutical products, medical instruments, orthopedic items, and perfumes saw the most significant drop at 3.4%.
Other sectors also recorded declines, including hypermarkets and supermarkets, along with food, beverages, and tobacco sales that fell by 0.4%. Additionally, sales in the furniture and appliances sector dropped by 0.2%, while fabrics, clothing, and footwear registered a slight decrease of 0.1%. However, there were notable growths in certain product categories, with office equipment and supplies experiencing a rise of 5.3%, alongside fuels and lubricants at 1.2%, and other personal and household items rising at 0.7%. Sales for books, newspapers, magazines, and stationery also saw an increase of 0.6%.
On a year-over-year comparison, retail sales reflected an increase of 3.1%, surpassing the previous month’s figure of 2%. This suggests a better performance in the retail sector compared to earlier months, despite the recent monthly downturn.
The January 2025 retail sales report from Brazil reveals a slight month-over-month decrease of 0.1%, continuing a trend of declining sales for three months. Notably, the pharmaceutical and food sectors experienced the greatest declines, while several other categories reported growth. On a year-over-year basis, retail sales showed resilience with a 3.1% increase. These trends may indicate a stabilization phase within the Brazilian retail sector.
Original Source: www.tradingview.com
