After ten drops running, the estimate for growth of the economy of Brazil has remained stable, at 2.28%. The percentage is by financial institutions approached by the Central Bank.
Author: Agência Brasil
Central government spending had a positive balance of R$ 34.3 billion from January to June this year, 28.3% less than in the same period in 2012, the worst result over the last three months.
Released on Friday (26) by the Ministry of Foreign Relations, the new portal shows the country’s international actions for humanitarian cooperation.
The telecommunications industry received R$ 5 billion (US$ 2.2 billion) in Brazil during quarter one this year, up 4.1% from quarter one 2012.
In the first half of the year, 54,500 foreign vehicles were sold in the country, 23% less than in the same period in 2012.
The balance between Brazil’s inflow and outflow of dollars generated a deficit of US$ 2.5 billion up to the 19th.
Financial institutions forecast growth of the Brazilian economy at 2.28% in 2013. The percentage represents a reduction over the previous estimate, which was 2.31%.
The Central Bank expects continued growth of family consumption and return to investment in the country, according to the Monetary Policy Committee meeting report disclosed on Thursday (18).
In the first two weeks of the month, Brazil recorded a US$ 1.1 billion forex deficit, according to the Central Bank. Since January, there was a US$ 8.4 billion forex surplus.
An index in the area dropped and reached 126.5 points in June, reflecting deceleration of the Brazilian economy. It is calculated by FGV and The Conference Board and was disclosed for the first time.
The oil company signed a contract with the Japan Bank for International Cooperation for two lines of credit, which will be spent on equipment and services from Japan.
The estimate of financial institutions for Brazil’s GDP growth in 2013 has been reduced for the ninth time in a row, this time from 2.34% to 2.31%.
The estimate for the Brazilian oil area to be tendered in October is by the director of the National Petroleum, Natural Gas and Biofuel Agency (ANP), Magda Chambriard.
The reduction was over the previous month and was the greatest in the Central Bank’s historic series, which started in 2003. In the year, however, the index presented expansion of 3.01%.
