Macroeconomic indices used in predictive model for retail sector in Brazil

Lojas Renner (LREN3) was chosen to be a representative stock of the retail sector of companies traded on B3 (brazilian stock exchange). The indices Broad National Consumer Price Index (IPCA), Special System for Settlement and Custody (selic), Central Bank Economic Activity Index (IBC-Br), Broad Retail Trade Confidence Index (ICOM), Future Expectations Index, Dollar (exchange), Consumer Stock Index (ICON) and Ibovespa Index (IBOV) were initially analysed by correlation. See the file (correlação_repository.ipynb). Data from during 10 years were used (2011-2021).