Fitch Publishes Brazilian Retail Dashboard

Fitch Ratings has published its Brazilian Retail Dashboard.

This Dashboard explores key topics affecting the credit profiles of the major players within the Brazilian retail industry. Fitch believes Brazilian retailers are about to experience the toughest macroeconomic scenario in the last 10 years. The combination of persistently high inflation, increasing interest rates and a rising unemployment rate will challenge retailers' performance in the medium term. In Fitch's view, company credit indicators will deteriorate, but still remain manageable.

A complete review of these topics is included in the dashboard available at www.fitchratings.com or by clicking the link above.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: Brazilian Retail Dashboard -- 1H15

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=864975

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Contacts:

Fitch Ratings
Renato Donatti
Associate Director
+55-11-4504-2215
Fitch Ratings Brasil Ltda.
Alameda Santos, 700 - 7 andar
Cerqueira Cesar, Sao Paulo - SP - CEP: 01418-100
or
Gisele Paolino
Director
+55-21-4503-2624
or
Media Relations:
Elizabeth Fogerty, +1 212-908-0526
elizabeth.fogerty@fitchratings.com

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