UPDATE 2-Brazil May retail sales rise more than expected

(Reuters) - Retail sales volumes rose 0.5 percent in May from April
, statistics agency IBGE said. The median forecast
in a Reuters survey of 10 analysts was for retail sales to have
been unchanged from April. The estimates ranged from a 2.1
percent drop in sales to a 0.8 percent rise.




Of the four sectors surveyed for the month-on-month data
only the sector encompassing fuel and oil byproducts declined,
posting a 1.2 percent drop from April.


Read more at Reuters.com Economic News