According to a poll of financial institutions conducted by the Brazilian Central Bank, the country’s economy should be up 1.68% in 2014. The prior projection was 1.70%.
Author: Agência Brasil
US dollar inflows exceeded outflows in February. In January, a US$ 1.6 billion surplus was recorded.
Industry sales have increased in the first two months this year from the same period in 2013, according to the National Motor Vehicle Distributors Association (Fenabrave).
International investors are to seek Brazilian diplomatic offices. The documentation is required in order to make investments of any sort in Brazil.
US dollar inflows to Brazil have exceeded outflows by US$ 94 million from February 1st to 21st, according to information released by the Brazilian Central Bank.
Brazilian debt securities amounted to US$ 86.9 billion as of the end of January. The sum increased as a result of US dollar sales on the future market.
Brazil’s Federal Revenue has announced the total amount of federal taxes paid last month: nearly R$ 124 bilhões. The agency forecasts a 3% increase this year from 2013.
The Consumer Confidence Index has reached its lowest level since May 2009, as per a survey conducted by the Getulio Vargas Foundation.
Central Bank bulletin shows reduction in the Brazilian economy growth forecast for the third week running.
Brazil posted a US$ 11.6 billion current account deficit last month, the highest monthly deficit ever recorded in the country.
According to a report from the organization, the country needs to solve structural issues such as uneven access to schooling and tax system distortions.
Streamlined expenditure forecast and primary surplus target at 1.9% of GDP are designed to maintain sound macroeconomic foundations and market confidence.
The country wants to determine whether the new Farm Bill passed by the United States Senate is in accordance with international trade regulations.
Dollar inflows to Brazil have exceeded outflows by US$ 318 million in the first two weeks of February.
