BRASILIA, July 16 (Reuters) – May retail sales in Brazil
rose at the fastest pace in six months as the soccer World Cup
helped to boost sales of television sets, government data showed
Retail sales volumes in Brazil rose 0.5 percent in May from
April, the strongest increase since November 2013,
statistics agency IBGE said.
BRASILIA, June 26 (Reuters) – Brazil’s inflation will start
to subside next year after economic growth slows further, the
central bank said on Thursday, reinforcing expectations that it
will not raise interest rates in the near future.
In its quarterly inflation report issued on Thursday, the
bank lowered its 2014 economic growth forecast to 1.6 percent
from 2 percent previously, faltering from 2.5 percent growth