Brazil's retail sales volume up 0.5% MoM in Sept 2024: IBGE

The MoM rise in August was 0.2 per cent.

The quarterly moving average changed by 0.3 per cent in the third quarter this year.

In the series without seasonal adjustment, retail trade increased by 2.1 per cent year on year (YoY) in September this year, the 16th consecutive positive rate. The cumulative index in the year reached 4.8 per cent, whereas the cumulative index in 12 months stood at 3.9 per cent, an IBGE release said.

Retail sales volume of fabric, apparel and footwear saw a 1.7-per cent MoM drop in September.

Fibre2Fashion News Desk (DS)