The increase took place in July from June. Following the end of the World Cup, the demand for financing by enterprises incrased.
Author: Agência Brasil
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).
It was the fourth straight month of decline, according to the National Confederation of Industry. The rate of use of installed capacity was the lowest since April 2009.
The UN agency believes Latin American countries should grow by 2.2% this year. The prior forecast was 2.7%.
Financial institutions analysts revised down once again the growth estimate for Brazilian economy in 2014.
The World Bank will allocate the sum to Brazil’s ABC Savannah project, designed to spread sustainable practices in reducing greenhouse gas emissions.
The Consumer Expectation Index was up 3% in July from June, as per a survey from the National Confederation of Industry.
The increase took place in the first half this year from the same period in 2013, according to the Brazilian Piped Gas Distributors Association (Abegás).
