Brazil Retail, Construction Stocks Outperform Ibovespa 3x on Domestic Demand

Brazilian retail and construction stocks are rallying up to three times faster than the Ibovespa, driven by strong domestic demand. Magazine Luiza, C&A, and Renner have surged 26%, 22.3%, and 20.5% respectively, versus the index's 8.68% gain. This sector rotation signals investor confidence in Brazil's consumer-led growth, though sustainability depends on interest rate trajectory and inflation.