A bilateral agreement signed last week allows the country to make loans to the Fund if needed.
Author: Agência Brasil
A poll of financial institutions by the Brazilian Central Bank returned an estimate of 7.04% for inflation in 2016, in the fourth straight downward week-on-week revision.
Index measured by the National Confederation of Industry went up 1.1% from August to September, but it’s still below the historical average.
Petrobras’ logistics company started operating two new ships that were made in Brazil. One of them is a gas tanker and the other a suezmax, fit to transit in the Suez Canal.
Withdrawals surpassed deposits by BRL 2.35 billion (USD 730 million) in September, according to the Brazilian Central Bank. Not one month this year has registered a surplus.
Crop forecasts by the Brazilian Institute of Geography and Statistics have been on a downward trend for the last few months and reached 183.9 million tons. Last year, 209.6 million tons were harvested in the country.
There was a decline of 13% over August and of 22.6% in comparison to September of last year.
Over 40 million young people are not working or studying, says a survey covering the 35 countries of the Organization for Economic Cooperation and Development and non-members such as Brazil and Saudi Arabia.
A group made of businesses, workers and the government defined infrastructure, exports and business environment as priority sectors for improvement in Brazil.
Industrial output plunged 3.8% in August over July after five months going up in the same type of comparison.
Brazil produced 3.3 million barrels of oil equivalent per day in August and surpassed record mark for the third consecutive month.
Banks estimate an inflation rate of 7.23% in Brazil this year. Last week’s forecast stood at 7.25%. The GDP forecast remains unchanged, signaling a decline.
Márcio Félix, a secretary to the Brazilian Ministry of Mines and energy, spoke for the admission of partners to explore areas under concession since 2010 to the state-run oil company Petrobras.
According to data from the institute of statistics, the herd expanded 1.3% from 2014 to 2015. It was the sharpest climb since 2011.
