The forecast of how much Brazil’s economy is expected to shrink in 2015 has gone from 1.01% to 1.03%, as per the Focus Bulletin. This year, the country should post a US$ 4.3 billion trade surplus.
Author: Agência Brasil
Manufactured volume in Brazil was down 7.4% from March 2014 2.8 million tons, as per data from industry organization Instituto Aço Brasil.
Representatives of the private sector of the 20 biggest economies released proposals to try to eliminate bottlenecks that hinder the expansion of jobs and investments in countries facing difficulties.
The former president of the Brazilian House of Representatives has taken office replacing Vinicius Lages. He has pledged to make tourism into in increasingly economic, social and political agenda.
The former president of the Brazilian House of Representatives has taken office replacing Vinicius Lages. He has pledged to make tourism into an increasingly economic, social and political agenda.
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.
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.
