YoY Change in Retail Sales Index in Brazil

The year-on-year Retail Sales Index (RSI) in Brazil measures the change in the retail sales index for a specific month compared to the same month of the previous year. This data, published monthly by the Brazilian Institute of Geography and Statistics (IBGE), is crucial for evaluating trends in the retail sector.

Year-on-year comparisons in the RSI data help grasp the long-term trends in the retail industry. An increase in the RSI indicates heightened consumer purchasing interest and economic expansion. Conversely, a decrease in the RSI suggests reduced consumer purchasing interest and potential economic stagnation.

This data serves as essential reference material for policymakers to assess trends in the retail sector and formulate appropriate economic policies. It also serves as a crucial information source for businesses and investors to forecast trends in the retail industry and overall economic outlook.