INCREASED SALES OF THE BRAZILIAN RETAIL

According to data from the Brazilian Institute of geography and statistics (IBGE), retail sales increased 1.1% in August compared with July, but retreated the same percentage compared to the period of 2013. In search of Reuters, the expectation was that sales rose 0.75 percent in the period, according to the median of 28 settlements of projections fall of 0.30% high of 2.30%. Compared with the period last year the expectation was 1.10% indent, in the median of 23 forecasts, which ranged from loss of 2.20% the increase of 1.0%.