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Brazil July Retail Sales Increase Less Than Expected

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Tuesday, Brazil's statistical office IBGE announced that the retail sales increased 0.5% month-on-month in July, slower than the 0.9% growth expected by economists.

On an annual basis, retail sales increased 5.9% in July. Economists' expected an increase of 6.2%.

Tuesday, Brazil's statistical office IBGE announced that the retail sales increased 0.5% month-on-month in July, slower than the 0.9% growth expected by economists. (Market News Provided by RTTNews)

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