Retail turnover grows 3% in may, according to the index Cielo

Despite the stoppage of the Teamsters, the Brazilian retail sales rose 3 percent in may, compared with the same month of 2017, according to the index of Cielo. The result surpasses even the advancement registered in April, which was 2.1% when compared with April of last year, according to the company's monthly analysis of means of payment. However, the result may could have been even better, since the strike adversely impacted the revenue of the retail sector in 2.4 percentage points.