The decline took place in May from April, according to the Central Bank. In the 12-month period ended May, prices were up 14.07%.
Author: Agência Brasil
The minister of the General Secretariat of the Presidency, Gilberto Carvalho, said the World Cup is fuelling the economy of the municipalities that will host matches, the international crisis notwithstanding.
Revenues were up 2.7% in April from March and down 4.6% April-on-April, as per a survey from Brazil’s National Confederation of Industry.
Estimate was disclosed by Petrobras chairwoman Graça Foster. By 2020, output should reach 4.2 million barrels per day.
The expansion was over previous quarter. In relation to Q1 2013, the increase was 1.9%, according to the IBGE.
After the Brazilian Central Bank kept the benchmark rate at 11% per year, the head of the organization’s Economic Department said markets rates should not remain on an uptrend.
The estimate was provided by the Secretariat of Tourism. The city is expected to receive 400,000 foreign and 450,000 Brazilian tourists.
The budget for the 2014/2015 Family Farming Crop Plan is up 15% from the prior cycle. Interest rates range from 0.5% to 3.5% per annum.
According to the Brazilian Tourism minister Vinicius Lages, the country needs better access to tourist issuing countries in order to make its aerospace industry more competitive.
The currency was cheaper in March and April, which may have influenced consumption by Brazilians on foreign trips, according to the Brazilian Central Bank.
The country has lost three positions in a global ranking of competitive countries, and stands at 54th out of 60 countries surveyed. The main contributing factor was reduced efficiency of enterprises.
The result is from the month of May until the 13th. Since January, however, the balance between the Brazilian dollar inflow and outflow is positive by US$ 3.4 billion.
According to the Brazilian Institute of Geography and Statistics (IBGE), the nominal growth of the sector was 6.8% in March over the same month in 2013.
Brazil’s 2014/2015 Crop Plan will make the amount available for investment, funding and sales. The sum is up 14.7% from the prior season.
