Indicator Shows Recovery After Historic Decline
The Brazilian retail sector recorded growth in July 2025, according to Serasa Experian.
The index indicated an increase of 0.3% compared to June.
The movement halted the previous decline and revealed signs of recovery in specific sectors.
Recovery Driven by Vehicles and Supermarkets
According to data released on August 21, 2025, the Vehicles, Motorcycles, and Parts sector recorded an increase of 1.2%.
Supermarkets, Hypermarkets, Food and Beverages rose by 0.6%.
However, segments like Fuels and Lubricants experienced a decline of 0.4%.
Meanwhile, Textiles, Clothing, Footwear, and Accessories fell by 1.6%.
Camila Abdelmalack, an economist at Serasa Experian, highlighted that high interest rates still influence the scenario.
This factor complicates credit and affects sectors reliant on financing.
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The prospector who heard about the advance of soy in Maranhão and opened a grocery store in Balsas in 1986 transformed that small store into Grupo Mateus, the third largest supermarket in Brazil, with revenues of R$ 43.5 billion and 490 units.
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Fiserv, the world’s largest payment processor, has just inaugurated its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Fiserv, the world’s largest payment processor, has just opened its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.
- Vehicles, Motorcycles, and Parts: +1.2%
- Supermarkets, Hypermarkets, Food and Beverages: +0.6%
- Fuels and Lubricants: -0.4%
- Textiles, Clothing, Footwear, and Accessories: -1.6%
Annual Comparison Confirms Consistent Advance
In the comparison between July 2024 and July 2025, physical retail activity rose by 3.4%.
The highlight was for Textiles, Clothing, Footwear, and Accessories, which grew by 5.3%.
This result represented the second best performance of the year.
Furthermore, all segments showed positive results:
- Construction Materials: +5.0%
- Fuels and Lubricants: +4.3%
- Furniture, Appliances, and Electronics: +4.2%
- Supermarkets, Hypermarkets, Food and Beverages: +2.6%
- Vehicles, Motorcycles, and Parts: +2.5%

Consumption Shows Signs of Deceleration
The analysis by Serasa Experian reinforces that, although the results are positive, there are indications of gradual deceleration.
In the second half of 2025, a slower growth rate is expected.
This scenario is likely to impact sectors more dependent on credit.
Nonetheless, basic consumption continues to be supported by a strong labor market.
Additionally, real wage gains maintain retail stability.
This combination ensures balance, even in the face of high interest pressure.
Methodology and Relevance of the Data
The Serasa Experian Retail Activity Indicator is calculated based on credit inquiries made across various sectors of the national retail.
A total of about 6,000 commercial establishments participate in the statistical base, ensuring broad representation across six different retail segments.
Moreover, all information is statistically processed, following a methodology compatible with the Monthly Retail Survey of IBGE.
Serasa Experian was founded in 1968, reinforcing its tradition in the data and credit analysis market.
Since 2007, the company has been part of the international group Experian, expanding its reach and technology.
Today, it is considered the largest datatech in Brazil, conducting over 6.5 million inquiries per day in its system.
Thus, the numbers presented highlight Serasa Experian’s role as a national reference in economic trends.
Similarly, the company stands out for its in-depth analysis of consumption behavior in the country, providing strategic data for various sectors.

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