Economic activity was up 0.36% from January, based on an index from the Brazilian Central Bank. In the first month of the year, activity slowed down from December 2014.
Author: Agência Brasil
The Fund expects 0.9% growth in Latin America and the Caribbean in 2015, barring Brazil, which should experience a slowdown. The forecast for 2016 is one of improvement.
Consumer demand in Brazil increased by 16.7% from February and 14.9% from March of last year.
Bulletin from the Central Bank shows financial analysts’ inflation forecast for this year: 8.13%. The prior estimate was 8.2%.
Brazil’s National Supply Company (Conab, in the Portuguese acronym) expects 200.7 million tons of grain to be harvested in 2014/2015, up 1.1% from last month’s forecast.
The credit rating agency has kept the country’s sovereign rating at BBB, but downgraded its outlook from stable to negative.
Percentage was measured during December, January and February and it’s the highest since the period of March to May in 2013.
Survey conducted by the Brazilian Central Bank with the financial market signals a drop on the Gross Domestic Product for 2015 due, mainly, to the industry’s performance.
The rise was of 3.2% in February over January. In the first two months, there was an increase of 8.8% over the same period of last year.
This figure includes government accounts from the federal, state and county levels, and from state-owned companies. The negative result occurred in February, after a surplus in January.
Survey with the financial market brings an estimation of a larger decline for the Brazilian economy in 2015. Previous estimation signaled a 0.78% drop.
The country’s delegation at the World Social Forum, in Tunis, tries to mobilize the international public opinion about the crisis faced by the population.
The Gross Domestic Product closed the year at US$ 1.72 trillion, according to the IBGE. The expansion was driven by the services and agriculture sectors.
Transactions carried out in February showed a deficit, driving Brazil’s 12-month deficit to US$ 89.9 billion.

