Percentage was measured during December, January and February and it’s the highest since the period of March to May in 2013.
Author: Agência Brasil
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.
This week’s Focus Bulletin shows a surplus estimation of US$ 3.5 billion for the Brazilian trade balance in 2015, against a projection of US$ 3 billion last week.
Dollar inflow to Brazil overcame outflow in US$ 2.229 billion until the 13th, according to the Brazilian Central Bank.
New bidding rounds could take place in the second half of this year, says the Brazilian minister of Planning, Budget and Management, Nelson Barbosa.
Credit taken by Brazilian companies went up 5.8% from January to February and 5.6% year-to-date. Micro and small businesses were the ones driving up the demand.
The decline occurred in January over December. In a comparison with the same month of last year, the drop was of 1.34%, according to the Central Bank.
According to statement from minister of Agriculture Kátia Abreu, the hike of interest rates within Plano Safra (Crop Plan) won’t make agricultural production unfeasible.
