A report from the organization mentions the country as a reference, alongside Peru, Mexico, Argentina and Chile, but warns that Latin America remains one of the most unequal regions in the world.
Author: Agência Brasil
A survey from the Brazilian Central Bank shows a slowdown from February. Year-on-year, there was an even bigger retraction at 2.7%.
The volume of gas and oil produced in April by the company, in Brazil and abroad, reached 2.78 million of barrels of oil equivalent per day.
The institution’s net profit reached US$ 1.9 billion in Q1, an increase of 115% over the same period of last year and of 93% over Q4 2014.
The production in the fields operated by Petrobras at Santos and Campos basins reached a record-breaking 800,000 barrels per day on April 11th.
Brazil’s Conab is expecting a grain harvest in the 2014/2015 cycle of 202.23 million tons, an increase of 0.76% from the previous estimation.
Financial market forecasts that Brazil’s economy will contract by 1.2% in 2015. As of last week, a less pronounced decline was expected, according to a Brazilian Central Bank poll.
Output was down 14.5% from March and 21.7% from April 2014, according to Brazil’s National Motor Vehicle Manufacturers Association. In the month, approximately 217,100 units were made in Brazil.
The index that tracks the prices of internationally traded Brazilian staple goods was down 2.14% from March.
The drop occurred in comparison with February in Brazil, according to the institute of statistics. Weaker performances came from the auto industry, trailers and trucks, electronic equipment and beverages, among others.
In Q1, revenue, hours worked, jobs, total wages paid and average income all dropped, according to an industry confederation survey.
Exports outweighed imports for the second straight month. The trade surplus, however, was the weakest for April since 2013.
Bank analysts increased their projection for the Selic (benchmark interest rates) to 13.5%. The estimation of decline of Brazil’s GDP also went up to 1.18%.
Accounts of central, state and local governments and state-owned companies register a primary surplus of R$ 239 million (US$ 81 million) in the month. But the positive result is lower than the one from March 2014.
