Retailers in Brazil Expand Hiring as Business Optimism Rises 1.6%

Retailers in Brazil Expand Hiring as Business Optimism Rises 1.6%

Brazil’s retail sector recorded a 1.6% seasonally adjusted rise in business confidence in May 2025, marking the second consecutive monthly increase, according to the National Confederation of Commerce, Goods, Services, and Tourism (CNC). The Commerce Business Confidence Index (Icec) reached 104.0 points, staying above the 100-point threshold that separates pessimism from optimism. Despite this progress, […]