Retail sales rise 1.3 percent in August compared with July, reveals IBGE

Retail sales rose 1.3 percent in August compared to July, in series with seasonal adjustment, reported on Thursday morning, 11, the Brazilian Institute of geography and statistics (IBGE). The result came above the median of estimates of 0.1%, and within the range of analysts ' forecasts for Broadcast Projections, which ears would be a fall of 0.7% 1.6% advance. In comparison with August 2017, without seasonal adjustment, retail sales were discharged from 4.1% in August 2018. In this confrontation, exceeded the ceiling of the range projections, a fall of 1.0% 3.0% expansion, with positive median 1.2%. Restricted retail sales accumulated growth of 2.6% in the year, according to the IBGE. In earned in 12 months, progress was made of 3.3%.