The president of the Brazilian Central Bank said the index will reach its peak this quarter and remain high until the end of the year before starting to drop to the midpoint of the target.
Author: Agência Brasil
Research by Fundação Getulio Vargas and Ifo Institute for Economic Research shows that there was a 4% improvement in July, motivated by a decrease in pessimism regarding the future.
The forecast was made by the minister of Development, Industry and Foreign Trade, Armando Monteiro. He said to have a positive view about the current Brazilian economic environment.
The 11th assessment of the 2014/2015 cycle estimates a production of 208.8 million tons of grains in Brazil. The record-breaking number is 8% higher than in the previous crop.
Program estimates funding of US$ 33 billion in generation and US$ 19.9 billion in power transmission.
The Brazilian Central Bank increased the number of contracts for foreign exchange swap tenders this Friday to try to restrain the dollar appreciation against the real.
In the first seven months of the year, the national consumer price index had a variation of 6.83%. It’s the highest value since January to July 2003. The index is used by the government to measure inflation targets.
In all, 1.3 million unities were sold from January to July of this year. The number of jobs in the auto industry declined 9.7% in July over the same month of 2014.
Brazil’s dollar outflow overcame the inflow in almost US$ 4 billion in July. In the year, it’s positive in more than US$ 7 billion.
The Ministry of Communications issued a public notice for the implementation of technological parks focused on the development of software for computers and smartphones.
This is the number of companies that have already paid the fee to participate in the 13rd round of biddings by the National Oil Agency. The deadline is on August 11th.
The Focus Bulletin by the Brazilian Central Bank shows the estimation by financial institutions for the growth of the Brazilian economy in 2015 was revised down for the third straight week.
The Brazilian bank acquired the operations of the British institution in the country. The value of the deal tops US$ 5 billion.
Primary surplus stood at R$ 16 billion (US$ 4.6 billion), the lowest number since the same period of 2001, when the historical series by the Brazilian Central Bank started.
