PrintBrazil retail sales slip in December as high rates weigh
BY Reuters | ECONOMIC | 02/13/26 07:36 AM ESTSAO PAULO, Feb 13 (Reuters) - Brazil's ?retail sales volumes fell in ?December from the previous ?month, data from the government ?statistics agency IBGE ?showed ?on Friday, as Latin America's largest ?economy shows ?signs of cooling amid high interest rates.
* Sales ?were down ?0.4% ?in December from November, a steeper drop than the 0.2% ?decline expected by ?economists in a Reuters poll.
* Six of the eight sectors ?surveyed ?posted month-on-month declines in December, ?IBGE said.
* Year-on-year, services ?output rose 2.3%, while economists expected a 2.5% increase.
* Brazil's central bank has kept Brazil's benchmark ?interest rate at 15%, a near-two-decade high, to curb inflation. (Reporting ?by Isabel ?Teles Editing by ?Tomasz Janowski)
