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JPMorgan: Brazil election rate-cut play favors fashion retailers over Magalu
InfoMoney·BR·1 day ago
Abras projects a 3.2% rise in supermarket sales for 2026, driven by a Bolsa Família benefit increase from R$ 678 to R$ 777 starting October. However, high household debt may dampen the impact, and the projection relies on consumer spending patterns that remain uncertain.