From March 1 to August of 2020, the Brazilian retail sector registered nominal revenue decreases in all its subsectors in comparison to February of the same year. Durable goods retail suffered a drop of 30.6 percent in nominal revenue while services registered the strongest revenue decline, with 60.8 percent. The non-durable good retail subsector in Brazil reported the smallest decrease in revenue for the same period, with only -0.8 percent. These variations are believed to be associated with the change in shopping behavior due to the spread of COVID-19 in Brazil.
Change in nominal retail revenue in Brazil from March to August 2020, by subsector
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Cielo (Brazil). (August 3, 2020). Change in nominal retail revenue in Brazil from March to August 2020, by subsector [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1108255/retail-revenue-growth-subsector-brazil/
Cielo (Brazil). "Change in nominal retail revenue in Brazil from March to August 2020, by subsector." Chart. August 3, 2020. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1108255/retail-revenue-growth-subsector-brazil/
Cielo (Brazil). (2020). Change in nominal retail revenue in Brazil from March to August 2020, by subsector. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1108255/retail-revenue-growth-subsector-brazil/
Cielo (Brazil). "Change in Nominal Retail Revenue in Brazil from March to August 2020, by Subsector." Statista, Statista Inc., 3 Aug 2020, https://www.statista.com/statistics/1108255/retail-revenue-growth-subsector-brazil/
Cielo (Brazil), Change in nominal retail revenue in Brazil from March to August 2020, by subsector Statista, https://www.statista.com/statistics/1108255/retail-revenue-growth-subsector-brazil/ (last visited October 30, 2024)
Change in nominal retail revenue in Brazil from March to August 2020, by subsector [Graph], Cielo (Brazil), August 3, 2020. [Online]. Available: https://www.statista.com/statistics/1108255/retail-revenue-growth-subsector-brazil/