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Sales in Rio de Janeiro Show Worst Result Since 2003

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - A report released yesterday (January 26th) by the Study Center of the Club of Retailers Directors of Rio Of January (CDL Rio), showed sales of Rio de Janeiro's commerce fell 6.6 percent in 2016 compared to the previous year, the worst result since 2003.

The president of the entity, Aldo Gonçalves, pointed out that in 2016, every month registered a drop in sales . . .

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