Brazil’s retail sector lost momentum in May, with year-on-year sales growth easing to 0.4%, down from a previously reported 1.0% pace. The latest data, updated on 16 July 2026, point to a moderation in consumer activity compared with the same month a year earlier.
Both the current and previous readings are based on a year-over-year comparison, measuring how sales in May 2026 stack up against May of the prior year. While retail volumes are still expanding on an annual basis, the slowdown from 1.0% to 0.4% suggests a more cautious consumer backdrop, which could weigh on expectations for broader economic momentum in the coming months.
