Correction to Brazil Retail Sales Article

RIO DE JANEIRO – Brazilian retail sales declined in May, reflecting continued weakness in consumer demand as the economy struggled to recover from its deepest recession on record.

Sales volumes slipped 0.1% in May from April on a seasonally adjusted basis, the Brazilian Institute of Geography and Statistics, or IBGE, said Wednesday.

The decline fell short of the median estimate in a poll of economists by the local Agência Estado newswire, which called for a 0.2% rise in retail sales.

Compared with April 2016, retail sales were up 2.4%, the IBGE said.

Write to Paul Kiernan at paul.kiernan@wsj.com

Compared with May 2016, retail sales were up 2.4%, the IBGE said. "Brazil Retail Sales Fell 0.1% in May--IBGE," at 8:20 a.m. ET, misstated the month in the last paragraph. (July 12, 2017)

(END) Dow Jones Newswires

July 12, 2017 08:43 ET (12:43 GMT)