Brazil: Retail Foods Annual

  |   Attaché Report (GAIN)   |   BR2024-0025

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Brazil: Retail Foods Annual
The Brazilian economy grew 2.9 percent, largely supported by household consumption, which improved by 3.1 percent in 2023. Low unemployment (7.9%) and inflation (4.6%) were two major drivers for this outcome. The retail industry maintained significant growth, reaching US$183 billion in sales. The sector represented nearly 9 percent of Brazil´s Gross Domestic Product (GDP).
Western Hemisphere, Brazil
Processed Food Products

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