United States dollar inflows have exceeded outflows by US$ 500 million in the first fortnight of August. The result was a consequence of financial operations.
Author: Agência Brasil
According to the United Nations, the amount of people in the world requiring humanitarian aid has never been so high.
The financial market has lowered its growth forecast for Brazil’s economy for the 12th straight week. The prior estimate was 0.91% for this year.
Index measured by the Brazilian Central Bank declined in quarter two from quarter one this year.
In an auction conducted by Brazil’s National Petroleum Agency, 99% of the commercialized volume came from producers which had the Social Fuel seal, a proof of their commitment to family farming. The auction will ensure the supply to the Brazilian market in September and October.
Economic Climate Index of the region, measured by the Getúlio Vargas Foundation, declined by 7% between April and July. Among the main economies, only Mexico has seen an improvement.
The increase took place in July from June. Following the end of the World Cup, the demand for financing by enterprises incrased.
The new Gross Agriculture and Livestock Production Value estimate for 2014 has been revised down by 1.18% to US$ 193.6 billion.
According to the company, foreign sales will average at 250,000 barrels per day in the second half this year, up 51% from the first half.
Financial institutions polled by the Brazilian Central Bank now see a growth of only 0.81% for Brazilian economy in 2014. Previous estimate had seen 0.86%.
Brazil produced an average of 2.246 million barrels per day in June, up 2.6% from May and 6.9% June on June.
According to the Brazilian Institute of Geography and Statistics, cereals, pulses and oilseeds will increase to 193.2 million tonnes in 2014. The National Supply Company estimates the same rate for grains.
Brazilian Development Bank chairman Luciano Coutinho admits that the upcoming election is causing investment to be delayed. The number of consultations to obtain funding from the bank has declined.
Foreign sales by the Brazilian auto industry were up 19.7% from June, but down 32.2% from July last year, according to the National Motor Vehicle Manufacturers Association (Anfavea).
