Brazil Property News: Brazil's retail sales soar




15th May 2008 04:15


Brazil's retail sector enjoyed its strongest quarter ever during the first three months of 2008, it has been reported.

The Latin American country's retail sales soared 11.4 per cent in March putting the quarterly expansion to 12 per cent, according to Bloomberg.

People considering buying property in Brazil could be interested to hear that the country has seen a "credit and investment boom" fuelling its economy, according to the news provider.

Meanwhile, earlier in the month new figures showed that Sao Paulo's retail sector had grown by 6.1 per cent in March.

A survey by the state's Federation of Commerce revealed the growth compared to the same month the previous year.

The best performance was in the clothing, textiles and shoes sector which posted a rise of nearly one fifth (18.1 per cent).

For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com


Related News



News Archive


How to invest in Brazilian property

When it comes to property investment, the early bird really does catch the worm.


uv10s web site is designed to help and will provide you with the following invaluable information:



To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.



Share & save this story: 
Digg iconDelicious iconReddit iconFark iconYahoo! iconNewsvine! icon

  Subscribe in a news reader

Subscribe to Brazil Real Estate & Property News by Email



Name:
Email:
Phone:
Your message: