End of preview - This article contains approximately 111 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 17 June 2020
In brief: Brazil’s retail sector plunges in April
* Brazil’s national statistics institute (Ibge) has released the latest figures on the retail sector, which show that retail sales suffered their biggest monthly contraction in April since the historical series began in 2000. Retail sales in April fell by 16.8% compared with March 2020, and also plunged 16.8% year-on-year, reflecting the effects of social isolation measures taken to contain the coronavirus (Covid-19) pandemic. The Ibge notes that April was the first full month of isolation measures, which took their toll on all aspects of retail, including in areas deemed essential such as supermarkets and pharmaceutical products, which had bucked the overall negative trend in the retail sector in March.
- ECUADOR: Moreno renews state of exception
- In brief: UK elected as G2G partner for Peru infrastructure initiative
- BRAZIL: Crackdown on anti-democratic acts
- In brief: Brazil’s retail sector plunges in April
- EL SALVADOR: Economic reopening begins amid controversy
- In brief: DR postpones third phase of economic reopening
- MEXICO: Governor raises stakes in electricity regulation dispute
- In brief: Mexico dropped from Kearney’s FDI Confidence Index
- CHILE: No let up for new health minister
- In brief: Chile’s corporate liquidity will ease downturn, says Moody’s