According to consulting firm Serasa Experian, credit demand declined 5.1% over March. In comparison to April of last year, there was an increase of 7.8%.
Author: Agência Brasil
The Iace indicator, computed by think tank Fundação Getulio Vargas and the United States’ TCB edged up 1.2% in April after having climbed 1.1% in March and 0.2% in February.
Estimates by the financial institutions on the economy show a 3.88% GDP drop this year over 2015, according to survey by the Brazilian Central Bank. Previous forecast pointed to a 3.86% decline.
A Brazilian Central Bank index shows the GDP shrank in March from February, in the 15th month on a downward path.
The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
Index measured by Fundação Getulio Vargas shows that the economic scenario improved, going from 72 points in January to 74 points in April.
The country is home for 2,298 people from Syria, from a total of 8,862 immigrants of 79 nationalities. The Ministry of Justice presented a report on the profile of refugees in the country.
The volume produced in Brazil reached 30 billion liters last year and increased 6% over 2014, according to data by Brazil’s Energy Research Company.
Reduced soy and maize yield is weighing down on the 2015/2016 crop, as per a National Supply Company (Conab).
Sales to the international market increased in April over the same period of last year, but declined 12.7% over March. The industry is facing a drop in production.
Brazil’s National Civil Aviation Agency is now accepting suggestions for concessions involving four international airports, in the cities of Salvador, Porto Alegre, Florianópolis and Fortaleza.
Sales of new units in Brazil were down 26% in the month, but the chairman of automakers association Anfavea said the decline has lost steam. The industry is betting on an export-based recovery.
Withdrawals exceeded deposits in BRL 8.2 billion (USD 2.32 billion), the highest figure for the month since 1995.

