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Brazil: growth rate of retail revenue 2020, by subsector

From March 1 to August of 2020, the Brazilian retail sector registered nominal revenue decreases in all its subsectors in comparison to February of the same year. Durable goods retail suffered a drop of 30.6 percent in nominal revenue while services registered the strongest revenue decline, with 60.8 percent. The non-durable good retail subsector in Brazil reported the smallest decrease in revenue for the same period, with only -0.8 percent. These variations are believed to be associated with the change in shopping behavior due to the spread of COVID-19 in Brazil.

Change in nominal retail revenue in Brazil from March to August 2020, by subsector

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Source

Release date

August 2020

Region

Brazil

Survey time period

March 1 to August 1, 2020

Supplementary notes

* Compared to equivalent days of February 2020, with calendar adjustment.

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Statistics on "Coronavirus (COVID-19) in Brazil"

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