Expenditure by Brazilian citizens during international trips amounted to US$ 1.72 billion in November, down 7.2% from November 2013.
Author: Agência Brasil
Brazilian Foreign Trade Association reviewed its trade balance forecasts. New estimation indicates a 4.3% drop in exports and 9.8% in imports.
Jobs creation was down 88% in November. Year-to-date through November, 938,000 new openings were created, the lowest amount since 2003.
Dollar outflow from Brazil exceeded the inflow in US$ 2.4 billion until the 12th. Deficit was caused by the cash flow.
Fundação Getúlio Vargas’s research shows a worse performance in 2015 compared to this year. Fiscal tightening will restrict growth in the short term.
A survey from the Brazilian Institute of Geography and Statistics (IBGE) shows that agricultural output reached 188 million tonnes last year, or US$ 86 billion.
According to a Fundação Getúlio Vargas research, there was a worsening of the business environment in 2014. Companies lowered investments and may follow the same path in 2015.
The new facility will function as a labour office, customer rights agency, document issuing office and public defender office.
As per a Central Bank index, Gross Domestic Product (GDP) is down 0.26% in October from September.
The United States currency reached R$ 2.651, the highest since April 4th, 2005. The São Paulo stock exchange’s Ibovespa index dropped by 3.73% on Friday.
The period of time during which the documents will remain valid for Brazilians has been lengthened from five to ten years.
The monetary authority estimates that the exchange rate and the administered prices will keep inflation above the target center, but promises to move carefully when it comes to raising interest rates.
The data from the Brazilian Institute of Geography and Statistics points to an increase over 2013, with expectation of harvesting at 194.5 million tons of cereals, legumes and oilseeds.
Analysts consulted by the Central Bank lowered from 0.19% to 0.18% their forecast for the Brazilian economy in 2014.
