The volume of retail sales in Brazil was up11.4 percent in the first seven months of 2010 compared to the same period last year, the Brazilian Institute of Geography and Statistics (IBGE) announced on Tuesday.
The figures reflect the 13.5 percent expansion in Brazil's trade in the
first half of the year compared to the same period in 2009, as well as the 8.9 percent GDP expansion registered in the same period.
According to the IBGE, retail sales were up in all eight sectors analyzed in the study. The most significant rises were registered in the computers and communication equipment segment (25 percent), in furniture and household appliances (19.3 percent), and in pharmaceutical and medical supplies (11.6 percent).
The nominal revenues originated from retail sales increased 14.5 percent from the January to July 2009 period.
In July, sales volume was up 0.4 percent from June, the third consecutive rise in the figures, and 10.9 percent from July 2009. Nominal revenues were up 0.4 percent from June and 13.5 percent from the same period last year.
In the August 2009 to July 2010 period, the sales volume was up 9.7 percent, while revenues were up 12.7 percent compared to the previous 12-month period./.