In this year’s Q3, the Brazilian Development Bank reversed the losses of 2016’s first six months.
Author: Agência Brasil
Answering a survey by the Ministry of Finance, banks revised down slightly their forecast for the central government’s primary deficit from the BRL 159.8 bn (USD 47.03 bn) previously estimated.
Gross Domestic Product is seen shrinking 6.84% in a Brazilian Central Bank poll of financial institutions. Last week’s estimate had been marginally better. Inflation forecasts, on the other hand, have improved.
The Brazilian government has requested consultations regarding the United States’ overtaxing of imports of steel made in Brazil.
University sports federations are in talks to sign an agreement on the exchange of athletes and related professionals.
Throughout the next four years, the amount will be directed to projects the company already has a stake in.
The Brazilian Institute of Geography and Statistics (IBGE) predicts a total crop of 209.4 million tons next year, a bigger number than in 2016. The Northeast should account for the bulk of that growth.
Prices went up 0.26% in October, the lowest rate for the month since 2000. In twelve months, inflation is at 7.87% according to the Institute of Geography and Statistics (IBGE).
The numbers went up in September from August as per a survey conducted by the Brazilian Institute of Geography and Statistics (IBGE). The highest growing region was the state of Espírito Santo.
The amount withdrawn from savings accounts was higher than the total deposited for the tenth straight month, this time by USD 838 million, according to the Brazilian Central Bank.
Financial institutions polled by the Brazilian Central Bank have kept their 2016 inflation estimate level at 6.88%. The projection for next year dropped 5% to 4.94%.
A new indicator by research institute Ipea shows a decline in August. According to the institute, the trend reveals a slow recovery for the Brazilian economy.
Prices increased marginally in October from September as per the Brazil Commodities Index (IC-Br). In the 12 months through October, the index was down 14.2%.
The amount consists of taxes and fines levied on Brazilian natural persons and corporate entities that regularized assets kept in foreign countries by October 31.
