Financial analysts cut from 3.01% to 3% their forecast for growth of the Brazilian economy in 2013, according to a research by the Central Bank of Brazil. For 2014, the estimate remains at 3.5%.
Author: Agência Brasil
Activity declined in February from January according to figures from the Brazilian Statistics Institute. Production was up only in the states of Rio Grande do Sul, Santa Catarina and Goiás.
According to the industry association Abraciclo, the 6.4% increase in March from February indicates that activity is picking up.
In January and February 2013, the terminal handled 15.5 million tonnes of cargo, up 15% from January and February 2012. The Port has been receiving larger ships.
Inbound US dollars exceeded outbound by US$ 391 million in March in Brazil, countering January and February results.
Production of capital goods grew from January to February this year. It was the only industrial sector to present a positive result in the period.
Production dropped 2.5 points in the month and ended at 46.1 points, as against 48.6 points in January, according to figures disclosed by the National Confederation of Industries. The results range from zero to 100 and values below 50 are considered negative.
Production dropped 2.5 points in the month and ended at 46.1 points, as against 48.6 points in January, according to figures disclosed by the National Confederation of Industries. The results range from zero to 100 and values below 50 are considered negative.
Government launched a site to help expatriate Brazilians who wish to return. The Foreign Office estimates that 300,000 to 400,000 people resettled in the country within five years.
Minister Gilberto Carvalho spoke on Wednesday (27) at the World Social Forum, in Tunisia. According to him, the transition to democracy in the Arab countries may fail if the population is not socially benefitted.
The volume last year was the highest since 2007, at 31.1 million, according to the Brazilian Statistics Institute. Lower prices and increased exports caused the hike.
There was US$ 1.5 billion reduction in foreign direct investment in Brazil in the first two months of 2012. The total will not be enough to cover the deficit in current account transactions.
Expenses made in the country reached US$ 1.8 billion in February, the greatest result recorded by the Central Bank in the month.
In January and February, the Brazilian Development Bank (BNDES) granted US$ 10.6 billion worth of loans, an increase from the same period in 2012.
