Last year, 1.26 million units were manufactured in Brazil. In 2016, output is expected to grow 2.5%.
Author: Agência Brasil
The state-run oil company cut down its investment forecast through 2019 from USD 130 billion to USD 98 billion. The plummeting oil price and the US dollar hike were contributing causes.
National Supply Company (Conab) estimates a production of 210.5 million tons of grains in the 2015/2016 crop, with the Brazilian Institute of Geography and Statistics (IBGE) pointing to 210.7 million tons in the current calendar year.
The index is the highest since 2002 in Brazil. According to a survey, last year, Brazilians paid higher prices for ‘all goods and services categories that make up the cost of living.’
Less than 4 million units were sold last year, against more than 5 million in 2014.
US dollars inflows to Brazil exceeded the outflow in close to USD 9.5 billion last year. The performance was influenced by the trade surplus.
Technical report from the National Survey per Household Sample shows that in 2014, at the beginning of the economic crisis, the country continued to improve in the social area, but that the results could be better.
November result in Brazil is the worst for the month since records started being kept in December 2001. The number encompasses the federal, state and municipal governments and state-run companies.
Such is the Brazilian Central Bank’s 2016 recession forecast, based on a poll of financial institutions. The estimate for 2015 remained flat at 3.7%.
The Brazilian Central Bank released new Gross Domestic Product (GDP) projections this Wednesday (23). Next year, 1.9% shrinkage is expected, with agribusiness growing 0.5%.
The estimate for 2016 is from the Brazilian minister of Development, Industry and Foreign Trade Armando Monteiro. He also said mineral commodity prices are likely to stay flat next year.
In November from October, Brazil’s debt widened from BRL 2.64 trillion to BRL 2.71 trillion (USD 661.9 billion to USD 679.4 billion), the National Treasury Department reported.
President Dilma Rousseff said, at the Mercosur summit, that the strengthening of the bloc depends on the adoption of more agile trade cooperation methods.
Deficit-to-GDP ratio will be 2.66% at USD 41 billion next year, based on Brazilian Central Bank projections. In 2015, the deficit is expected to be 3.48% of GDP, at USD 62 billion.
