Last year Brazilian retail trade grew from a year before, but percentage was lower than the one posted in the two previous years.
Author: Agência Brasil
IBGE forecasts a harvest of 246.7 million tonnes in 2020, up 2.2% from a year ago.
Prices are seeing going up 3.25% in Brazil this year, as per a Brazilian Central Bank poll of financial institutions. The number is lower than that of last week.
The rate is the lowest for the month since the implementation of Plano Real in 1994.
Ministry of Infrastructure believes that the money will be invested over the next five or six years through concessions.
Brazil’s BNDES will let go of its stake in the oil company as part of a divestments program designed to reallocate resources to more socially impactful projects.
United Nations secretary-general said that big greenhouse gas emitting countries must act to fight climate change.
Brazilian market consumed 32.8 billion liters of ethanol last year, mostly of the hydrated kind, which is used pure as fuel.
Last month, sales in the Brazilian market were down both year on year and month on month, Fenabrave reports.
Oil firm has started the teaser phase for the sale of its entire stake in the offshore deep-water Campos Basin.
Brazil produced 1.2 billion barrels of oil equivalent in 2019. Rio de Janeiro was the state that accounted for the largest share.
In November, the amount of newly established companies climbed 25.5% year on year as per a survey from Serasa Experian.
Income from pre-salt and non-use of some funds caused National Treasury, Social Security, and Central Bank to reach a lower joint deficit than in 2018.
Administrative Council for Economic Defense gave nod to Boeing’s purchase of 80% of Embraer’s commercial jet division and the creation of the joint venture between both companies.

