RIO DE JANEIRO, BRAZIL - The Boa Vista index, which gauges the trade flow in Brazil, recorded its third consecutive drop in April, and the trend is worsening due to the impacts of the quarantine enforced in the country to contain the spread of the novel coronavirus.
In the fourth month of the year, compared to March, the already seasonally adjusted indicator dropped 26.6 percent, accumulating a decline of 1.3 percent in 12 months and a negative variation of 6.4 percent for the year.
The performance of the Brazilian retail market, according to Boa Vista, reflects the vulnerability . . .