Guide - Research and Markets: Brazil Retail Report Q4 2009
DUBLIN–(Business Wire)–Research and Markets has announced the addition of the “Brazil Retail Report Q4 2009″ report to their offering.
The Brazil Retail Report provides industry professionals and strategists, corporate analysts, retail associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Brazil’s
retail industry.
The Q409 Brazil Retail report predicts that the country’s retail sales will grow from around US$368bn in 2008 to US$573bn by 2013. Generally positive trends in underlying economic growth, an enormous and growing population and rising disposable income are key factors behind the forecast growth in Brazil’s retail sales. Easier access to credit and the emergence of a wealthier middle class are also likely to help the value of the retail segment increase during the forecast period. Brazil’s nominal GDP was US$1,573bn in 2008, with a decline of 0.6% now assumed for 2009 as the economy goes into reverse. Average annual GDP growth of 2.8% is predicted between 2008 and 2013.
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