Brazilians keep up retail growth

Retail sales in Brazil rose for the fourth consecutive month in September, official data revealed yesterday, giving hopeful signs of modest recovery in South America’s biggest economy. Volumes of sales were up 0.3 per cent between August and September, the data from state statistics agency IBGE showed, following a 0.2 per cent rise into August – and putting sales 8.4 per cent above a year before.