STXNEWS LATAM-Brazil retail activity slows in Nov -Serasa

Newswire

Retail activity in Brazil slowed in November from October as tax incentives for cars and appliances had a diminishing effect, credit research company Serasa Experian said on Wednesday. Serasa's Retail and Commerce Activity Index, a proxy of the government's retail index, showed that sales volumes fell 2.0 percent from October on a seasonally adjusted basis. All of the segments measured by the index declined in November. Itau Unibanco Holding SA, Brazil's largest ...

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