The number concerns a March-on-March comparison for Brazil according to an indicator measured by Serasa Experian. In March from February, demand was up 8.4%.
Author: Agência Brasil
Financial institutions lowered their 2016 inflation forecast for the sixth straight time. Next year, prices are expected to increase 5.93%.
This is the forecast on the Union’s fiscal target within the proposed budget Lei de Diretrizes Orçamentárias to be sent to Congress.
A survey conducted by Brazil’s Fundação Getulio Vargas (FGV) shows that the economy contracted by 4.1% in the 12 months through February.
The fees on credit lines of the Exim Pre-shipment type declined 11.13% to 15.75% per year to 9.1% to 11.53% annually. The government expects the demand to reach BRL 15 billion (USD 4.32 billion).
The 2016/2017 sugarcane crop in Brazil will amount to 691 million tons, outweighing the previous one, says the forecast from the National Supply Company (Conab).
The data was released by the Brazilian Institute of Geography and Statistics (IBGE). The sector’s performance slowed in comparison with the same period of 2015.
The National Confederation of Industry (CNI) revised down its forecast for the Brazilian GDP in 2016, going from 2.6% to 3.1%.
Resources will fund actions for the marketing of products and services of seven Brazilian sectors abroad.
Financial institutions surveyed by the Brazilian Central Bank are expecting a price raise of 7.14% in 2016, marking the fifth consecutive time the forecast is revised down. Last week it was 7.28%
Statistics institute says there was a drop in 11 of 14 metro regions surveyed. The sharpest falls in industrial production occurred in Bahia and Amazonas.
The 2015/2016 crop should result in 209 million tons, according to survey by national supply company. Earlier forecast was revised down, but even so the crop volume will set a record.
The Ministry of Development launched program to increase productivity of small and medium-size companies. They will receive consulting services and adopt waste-minimizing methods.
Dollar outflow from Brazil exceed inflow in USD 2.5 billion last month, according to the Brazilian Central Bank.
