By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – The retail sector in Brazil registered last year the worst decline in sales since the historic data series started, in 2001. According to Brazil’s IBGE (Statistics Bureau), retail sales fell by 4.3 percent in 2015. Data for the expanded survey shows that the segment which registered the highest decline was automobile sales (-17.8 percent).
Other segments with the largest retractions were; furniture and household appliances (-14 percent), books, newspapers and paper products (-10.9 percent) and clothing and shoes (-8.7 percent). The segment of supermarkets, food . . .
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