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Brazil Economic Watch: ”Brazil: retail sales expanded 0.6%m/m in May, in line with expectations”

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Published on Monday, July 11, 2011

Brazil Economic Watch: ”Brazil: retail sales expanded 0.6%m/m in May, in line with expectations”

There are signs of activity moderation, but much more is needed to rule-out overheating risks. Markets will remain focused on demand-side indicators during the next few months.