Brazil’s retail sales rose by 0.2% in the latest report, marking a significant turnaround from the previous month’s decline of 0.2%. This 0.4 percentage point increase indicates a positive shift in consumer demand.
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The actual retail sales figure matched analyst estimates, suggesting that the market had accurately anticipated this rebound. This alignment with expectations is likely to provide stability in the stock market, particularly benefiting consumer goods and retail sectors. The impact is expected to be more sentiment-driven in the short term, as investors gain confidence from the improved consumer spending data.