Brazil Retail Sales Experience Third Consecutive Decline in January 2025
Brazil’s retail sales fell by 0.1% in January 2025, marking the third month of decline. Key categories such as pharmaceuticals and food products showed significant decreases, while office supplies and fuels experienced growth. Year-on-year sales increased by 3.1%, indicating overall positivity in the sector despite monthly drops.
In January 2025, Brazil experienced a slight decrease in retail sales, declining by 0.1% month-over-month. This follows a previously adjusted 0.3% drop in December 2024, which contrasts with projections of a 0.2% decrease. The decline marks the third consecutive month of reduced sales, indicating a stabilizing trend in the retail sector, according to Cristiano dos Santos from IBGE.
The most significant drop occurred in pharmaceutical, medical, orthopedic, and perfumery products, which fell by 3.4%. This was followed by declines in sales of hypermarkets, supermarkets, and food products, beverages, and tobacco, at 0.4%. Additionally, furniture and appliances decreased by 0.2%, along with fabrics, clothing, and footwear, which saw a 0.1% reduction.
Conversely, there were positive sales increases in specific categories: office equipment and supplies, IT, and communication rose by 5.3%, fuels and lubricants increased by 1.2%, and other personal and household items experienced a 0.7% rise. Sales of books, newspapers, magazines, and stationery also increased by 0.6%.
On a year-on-year basis, retail sales in Brazil showed an increase of 3.1%, surpassing the 2% growth recorded in the previous month, indicating a robust long-term recovery in the retail sector despite recent monthly declines.
In summary, Brazil’s retail sales fell for the third consecutive month in January 2025, with a 0.1% decline following a revised 0.3% drop in December. While some sectors reported significant decreases, others such as office equipment and fuels saw notable increases. Year-on-year growth remains positive at 3.1%, suggesting a potential recovery despite short-term setbacks.
Original Source: www.tradingview.com
