No menu items!

Retail sales in Brazil’s physical stores drop 4.4% in first quarter – Mastercard

RIO DE JANEIRO, BRAZIL - In March, the drop stood at 7% compared to the same month in 2020.

Retail sales in physical stores fell by 4.4% in the first quarter this year compared to the same period last year, according to a new survey by SpendingPulse, from Mastercard. In March, the drop was 7% compared to the same month in 2020.

Mastercard SpendingPulse is a macroeconomic indicator of retail sales across all payment types in selected global markets.

The reports are based on aggregate sales activity on Mastercard's payment network, combined with research-based estimates for certain other . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content