The indicator measured by Fundação Getulio Vargas increased 3.6% in the third from the second quarter of this year, but the number of businesses that will rein investments in is higher.
Author: Agência Brasil
According to the institute of statistics, industry output dropped from June to July in eight of 14 areas surveyed. The most marked declines occurred in Paraná and Ceará.
A federal government ruling sets 17.5% rates for Income Tax and fines on sums wired overseas irregularly by Brazilians.
According to estimation of financial institutions, Brazil’s GDP should shrink 2.44% in 2015 and 0.5% in 2016. Survey is done weekly by the Brazilian Central Bank and estimations worsened.
Manufacturing of cars, light commercial vehicles, trucks and buses dropped last month over August 2014, according to the sector’s association balance sheet.
Nelson Barbosa, minister of Planning, said the country needs to reach for this target. However, the 2016 draft budget forecasts a primary deficit of 0.5%.
The country’s manufacturers of vehicles, trailers and truck bodies registered an output decline from January to July of this year, according to institute of statistics.
The Focus Bulletin poll shows an expectation of 2.26% shrinkage for the Brazilian economy this year. Last week, the estimate was of a 2.06% decline.
The Gross Domestic Product contracted in the second quarter of 2015 from the first one. In all of the first half, it was down 2.1% from the comparable period in 2014.
The result was the worst ever for the month. Year-to-date, the consolidated public sector has a primary surplus of R$ 6.2 billion (US$ 1.73 billion).
National Treasury, Social Security and Central Bank had a combined primary deficit of R$ 9 billion (US$ 2.5 billion) from January to July.
State-owned bank registered net gains of R$ 1.9 billion (US$ 535 million) in Q2 and of R$ 3.5 billion (US$ 986 million) in H1, 2.8% more than in the first six months of 2014.
Survey by the National Confederation of Industry shows that consumers are less pessimistic with the country’s economy.
According to the advisor at the British embassy in Brazil, the country will assist 15 local startups in going international, as part of the Ministry of Development’s InovAtiva Brasil program.
