Brazil Retail Sales: 1.9% (January 2023)
Brazil Retail Sales came in at 1.9 on Apr 12, 2023, compared with -1.1 previously. See the full release history, chart, Banco Central do Brasil context, and API access for this series.
- Actual
- 1.9
- Previous
- -1.1
- Forecast
- --
- Next release
- Nov 13, 2026
January 2023
Release alerts
Get BRL Retail Sales alerts
Enter your account email. We will notify you when the next official-source BRL Retail Sales release is published.
Brazil Retail Sales release chart
Readings leading into this release, with this print highlighted. Hover or tap a point for its value.

Brazil Retail Sales release analysis
What the release showed
Brazil Retail Sales came in at 1.9 in the release of Apr 12, 2023, up 3 from -1.1.
How it compares
This is the highest reading in the 3 releases shown since January 2023.
The series rose in 1 and fell in 1 of those release-to-release moves.
Why Retail Sales matters for BRL
Consumer spending accounts for 60–70% of GDP in most developed economies. Strong retail sales indicate healthy household finances and tend to support the brl by reducing the probability of rate cuts.
How to read it
A beat on retail sales is brl-positive and may delay rate cuts. A sustained decline in retail sales signals consumer stress, which could prompt the Banco Central do Brasil to ease, weakening the brl.
What to watch next
The next Brazil Retail Sales release is due on Nov 13, 2026.
- Control group / ex-autos to filter out volatile components
- Real vs nominal — an important distinction when inflation is high
- Holiday and seasonal adjustment effects
- Revisions to the prior month
Recent Brazil Retail Sales releases
Each release with the date it was published. Full history
| Released | Period | Actual | Previous | Forecast |
|---|---|---|---|---|
| May 17, 2023 | March 2023 | 0.6 | -0.2 | -- |
| Apr 25, 2023 | February 2023 | -0.2 | 1.9 | -- |
| Apr 12, 2023 | January 2023 | 1.9 | -1.1 | -- |
Get Brazil Retail Sales data as soon as it is published
This page shows the most recent releases. The API serves the full Brazil Retail Sales history and every other series we cover, with each row stamped with the time the official source published it.
- Full release history with actual, previous and reference period on every row.
- Publication timestamps on each announcement, so backtests only use data that was public at the time.
- Consensus forecasts joined by announcement ID to measure the surprise.
- Release calendar with confirmed times for upcoming announcements.
- 22 currencies of central-bank, inflation, jobs, growth and FX data in one schema.
- REST, Python and MCP for scripts, notebooks and AI assistants.
USD 50/month
14-day free trial. Cancel any time.
Start Free Trial Read the API referenceGET https://api.fxmacrodata.com/v1/announcements/brl/retail_sales
import requests
resp = requests.get(
"https://api.fxmacrodata.com/v1/announcements/brl/retail_sales",
headers={"X-API-Key": "YOUR_API_KEY"},
timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])
Match this release by announcement_id brl_retail_sales_2023-01-31. Forecasts for the same release: /v1/predictions/brl/retail_sales.
Release data snapshot
Citation fields for this announcement.
| Public release ID | brl_retail_sales_2023-04-12 |
|---|---|
| API announcement ID | brl_retail_sales_2023-01-31 |
| Release time |
2023-04-12 12:00 UTC
|
| Reference period date | 2023-01-31 |
| Actual value | 1.9 |
| Previous value | -1.1 |
| Forecast | -- |
| Surprise | -- |
Related research
Analysis and guides connected to Brazil Retail Sales.
BRL Unemployment 5.30% prints; USD/JPY rises to 159.97 — FX Market Recap, Aug 28
Brazil Unemployment prints at 5.30%; Japan Retail Sales prints at 13880.00% led the August 28, 2026 forex session across 2 currencies. USD/JPY rises to...
BRL Retail Sales 0.30% prints; GBP/USD rises to 1.3556 — FX Market Recap, Aug 14
FX breadth was mixed rather than one-way, with falling platinum leaving the cross-asset tape mixed. Follow-through depends on relative rates and positioning.
Brazilian Real (BRL) Data Coverage: Indicators, Sources and Release Times
What FXMacroData serves for the Brazilian real: the Selic target, CDI, IPCA, PPI, GDP, unemployment, retail sales, reserves and the trade-weighted index from the BCB, IBGE and BIS, with release times and a worked Copom example.
More Brazil Retail Sales releases
Move through adjacent announcement records for the same series.
Related Brazil indicators
Continue from this release into adjacent macro series for the same country.
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Trade-Weighted Index (NEER)
Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.
Common questions about this release
The value, its publication time, the next scheduled date, and the official publisher for Brazil Retail Sales.
What did Brazil Retail Sales come in at, and how did it compare with the forecast and the previous reading?
Brazil Retail Sales was 1.9% month on month in January 2023. The previous reading was -1.1%.
When was this Brazil Retail Sales release published?
This release was published on Apr 12, 2023 at 09:00 America/Sao_Paulo.
When is the next Brazil Retail Sales release?
The next Brazil Retail Sales release is scheduled for Nov 13, 2026.
What is the official source for Brazil Retail Sales?
IBGE publishes the official Retail Sales series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.
Raw announcement payload
Field names are preserved for traceability and downstream testing.
{
"announcement_datetime": 1681300800,
"announcement_id": "brl_retail_sales_2023-01-31",
"announcement_source_url": "https://agenciadenoticias.ibge.gov.br/agencia-sala-de-imprensa/2013-agencia-de-noticias/releases/36659-em-janeiro-vendas-no-varejo-tem-alta-de-3-8.html",
"capture_time_basis": "backfill_fetch_completed",
"date": "2023-01-31",
"observed_at_ns": 1791241090715560400,
"previous_value": -1.1,
"publication_time_precision": "minute",
"publication_time_status": "confirmed",
"revisions": [
{
"epoch": 1681300800,
"val": 1.9
},
{
"capture_time_basis": "backfill_fetch_completed",
"epoch": 1681300800,
"is_first_release": false,
"observed_at_ns": 1791241090715560400,
"publication_time_precision": "unknown",
"publication_time_status": "unverified",
"val": 1.9,
"vintage_status": "captured_snapshot"
}
],
"val": 1.9,
"vintage_status": "captured_snapshot"
}