The Brazilian Central Bank’s index which measures the economic development rose by 0.27% in August, after a 1.5% hike in July.
Author: Agência Brasil
US dollar outflows to Brazil surpassed inflows month-to-date through October 10th. The deficit can be traced back to financial operations.
The company produced 2.23 million barrels of oil per day in Brazil in September, up 0.3% from August, when the previous record was set.
Following 19 consecutive decline estimates, financial institutions have revised up their Gross Domestic Product growth estimate again, from 0.24% to 0.28%.
The first survey of the 2014-2015 cycle estimates a harvest of up to 201.6 million tonnes, according to the Brazilian National Supply Company.
The Brazilian company had its largest amount of processed material per day in hydrotreatment units of diesel and aviation kerosene. A total of 109,000 cubic metres was refined on September 10th.
The rate has been slashed from 16% to 2% for capital goods, computer products and telecommunications. The list includes 177 newly added product and 75 extended tax breaks.
The surplus was recorded in September, according to the Brazilian Central Bank. The same trend can be noted on the first three days of October.
The company announced this Tuesday (7th) the discovery of a reserve in the post-salt layer of the Basin of Espírito Santo, at a depth of 3,550 metres.
The projection of financial institutions was revised down once again. Last week, the estimate stood at 0.29%. Industrial output is expected to shrink in 2014.
A total of 141,501 people voted in the presidential elections, at voting machines set up in 89 different countries. The number is 63% higher than in the first stage of presidential elections in 2010.
The segment drove the 0.7% hike in Brazilian industry output in August from July. The survey was conducted by the Brazilian Institute of Geography and Statistics.
A ruling has been published in the Official Gazette allowing non-residents of Brazil to use bank accounts in the country to make investments in the Brazilian financial and capital markets.
The public sector deficit stood at US$ 5.93 billion in August. The US$ 4.1 billion year-to-date surplus falls short of the government’s target.
