After 15 consecutive months of decline, April registered a slight growth of 0.03% over March in Brazil, according to an index from the Brazilian Central Bank.
Author: Agência Brasil
An index from Brazil’s National Federation of Industry scored 45.7 points, the highest level since November 2014, although the score still shows a pessimistic outlook.
It was the worst result for an April since 2012. The percentage refers to the volume of services. Nominal revenues increased 0.4%.
The company opened a unit in Itatiaia, Rio de Janeiro this Tuesday (14). The facility cost USD 218 million and will make the Evoque and Discovery Sport models.
The GDP shrinkage forecast has changed from 3.71% to 3.60% as per a Brazilian Central Bank poll of financial institutions.
The National Supply Company forecasts a crop yield of 196.5 million tons of grains in the 2015/2016 period. A prolonged drought reduced production.
Output was 2.83 million barrels on average, an increase of 5% over April and of 2% in comparison to May of last year.
In Q1, the bloc’s economy grew 0.6% over the last three months of 2015 and 1.7% over January to March from last year.
The share of this type of power source in the overall energy matrix went from 39.4% in 2014 to 41.2% last year, the Ministry of Mines and Energy reported.
The forecast based on a poll of financial institutions issued by the Brazilian Central Bank this Monday (6) is higher than last week’s.
On May 8, the Brazilian state-run oil company Petrobras surpassed 1 million oil barrels of oil equivalent (oil and natural gas) per day extracted in the pre-salt layer.
May’s index went up 0.3% over the previous month. In comparison to May 2015, however, there was a decline of 7.2%.
Installed capacity utilization rate stood at 76.9% in April, below 77.2% in March, according to a survey by the industry confederation.
After two consecutive months with a deficit, the consolidated public sector registered a surplus in April.
