Brazil: retail sales decrease due to COVID-19 March 2020

Published by
T. Ozbun,
May 31, 2022
On the weekend of March 14 and March 15 of 2020, retail sales in the Brazilian city of São Paulo decreased 16.3 percent in comparison to the previous weekend. When compared to the same period of the previous year, the retail sales decrease was even higher, with a contraction of 16.7 percent. This reduction was registered right after the World Health Organization declared the COVID-19, caused by the novel coronavirus (SARS-CoV-2), as a pandemic. However, market segments such as hygiene products have experienced a growing demand in the same period.

Change in retail sales after the coronavirus (COVID-19) pandemic declaration in São Paulo, Brazil on March 14 and 15, 2020

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Release date

March 2020

Region

Brazil

Survey time period

March 14 and 15, 2020

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