Financial market forecasts a lower rate of increase for the Brazilian economy in 2012. The projection was revised downwards for the seventh consecutive week. The previous rate was 1.62%.
Author: Agência Brasil
Santa Vitória do Palmar should have one of the main complexes in the area in Latin America. The service order has been signed.
Treasury Direct bond sales reached R$ 372.2 million in August, an increase over July sales according to Finance Ministry figures.
The bureau has revised its estimate of expansion for the Brazilian economy in 2012 downward. The government was formerly working with a 3% rate.
The number of openings in the Brazilian industry has increased by 0.2% in July from June. Total wages paid, however, were down 1%.
Analysts have revised their 2012 Brazilian economic growth estimate yet again. The preceding projection was 1.64%.
The Brazilian harvest may amount to 50.5 million bags this year. More than half should be shipped abroad.
The Brazilian coffee crop may reach 50.5 million bags of coffee this year. Over half should be exported.
The Brazilian grain crop should reach 164,500 tonnes in 2012, over the 2.8% obtained last year, according to figures disclosed on Thursday (6) by Brazil’s Institute for Geography and Statistics.
Brazilian Treasury international bond issue interest rate is 2.686%, and the bonds mature in 2023.
The balance between Brazil’s inflow and outflow of dollars generated a deficit of US$ 896 million in the month.
Bonds will be issued in the North American and European market, and may also be issued in Asia. Maturity is in January 2023.
The increase of up to 25% is valid for around one hundred items bought from outside the Mercosur. The measure covers ironworks, petrochemical and rubber products, tyres and some medication.
According to the Brazilian Ministry of Agriculture, the record high sales to foreign countries in August do not pose a threat to the country’s domestic supplies.
