There are only so many televisions, washing machines and new cars Brazilians can buy. After propelling Brazil’s economy for the past few years, retail sales in the country have shown further signs of slowing.
Sales in the sector rose 4.1 per cent in September from a year earlier, according to data released on Wednesday. While that ranked as the seventh straight month of expansion, the figure was far below the 6.2 per cent annual growth rate in August and also below analyst estimates.
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