The sector posted US$ 3.2 billion in revenues in May, down 1.7% from May 2012. From April 2013, however, revenues were up 8.9%.
Author: Agência Brasil
The country is ready to face the international financial crisis, while growing, according to the Finance minister.
Interregional Forum on the matter will take place in Rio de Janeiro and Arab-South American integration will be discussed. There is a possibility of exchange, said the vice-director of an organization.
The volume was record for the first quarter, according to the IBGE, which has been tabulating the figures since 1997. A total of 8.1 million heads of cattle were slaughtered, up 12.7% over the same period in 2012.
The Brazilian federal government decided to lift the tariff for purchases of the product from other countries – which was 10% – up until November 30th. The measure is designed to help fight inflation.
The index that tracks industrialists’ perceptions of the Brazilian economy was down 1.2% in May from April, according to a preliminary survey.
The Brazilian government will allocate the funds to investment in refurbishing and construction in places other than Brasília, São Paulo and Rio de Janeiro.
Brazil’s trade surplus amounted to US$ 70 million last week, as against US$ 285 million in the preceding week.
A study by the National Confederation of Industry shows that the hiring of services from abroad, like foreign consultancy or technical support, is up to 51% more expensive due to taxes for entry into the country.
The expansion took place in April as against the previous month, according to unseasoned figures disclosed by the Central Bank. This was the second month running with expansion of the index.
The value of the United States currency declined this Thursday after having reached its highest peak since April 30, 2009 last Wednesday.
Dollar inflow into Brazil exceeded outflow by US$ 1.57 billion. Still, the performance did not prevent the value of United States currency from hiking in relation to the Brazilian real.
A total of 655 projects for Northeast and South Brazil are competing in a tender due on August 23rd.
Driven by maize and soy crops, the balance of trade showed a US$ 285 million surplus last week, as a result of US$ 5.367 billion in exports and US$ 5.082 billion in imports.
