Brazil Retail Sales MoM
Sales of retail products and services are reported in the Retail sales report in Austria, which gives an aggregated measure of retail goods and services sales over an extended time period. Retail sales in Brazil are seasonal, variable, and only a contributor to the broader economy.
A higher than expected figure should be seen as positive (bullish) for the BRL while a lower than expected figure should be seen as negative (bearish) for the BRL.
News (BRL)
Brazil Manufacturing Downturn Eases In January
Brazil's factory activity continued to deteriorate at the start of the year, though the pace of decline softened since December amid slower reductions in output and new orders, survey data from S&P Global showed on Wednesday. Elsewhere, official data showed that producer price inflation slowed further in December.
RTTNews | 461 days ago
