April 12, 2017 / 12:15 PM / 4 months ago

Brazil's retail sales drop unexpectedly in February

RIO DE JANEIRO, April 12 (Reuters) - Retail sales volumes excluding cars and building materials in Brazil fell 0.2 percent in February from January, government statistics agency IBGE said on Wednesday.

Economists in a Reuters poll expected a rise of 0.4 percent.

Sales declined 3.2 percent from the year-earlier period, compared with expectations for a 6.9 percent drop in the Reuters poll. (Reporting by Rodrigo Viga Gaier; Writing by Silvio Cascione)

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