February 12, 2020 / 4:09 PM / 10 days ago

Brazil supermarkets sales to grow 3.9% in 2020 - Abras

SAO PAULO, Feb 12 (Reuters) - Brazilian supermarket sales are expected to grow 3.9% in 2020 compared with 2019, with the economic recovery boosting consumption levels in the country, local supermarkets association Abras said on Wednesday.

In 2019, Abras added, supermarket sales increased by 3.62% compared with 2018, surpassing an initial forecast of a 3% rise. (Reporting by Gabriela Mello)

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