Sales of the Brazilian government bonds to natural persons USD 464 million in January, a year-on-year decrease.
Author: Agência Brasil
Financial institutions polled by the Brazilian Central Bank expect inflation to be 3.20% this year in Brazil, down from last week’s 3.22% estimate.
IPEA revised up its 2020 growth forecast for the sector based on good prospects of soy and coffee output.
GDP was up in 2019, driven by investment and household expenditure, Fundação Getulio Vargas’ GDP Monitor report shows. The index is not the official GDP.
Brazil’s economy grew year-on-year in 2019, as per the Brazilian Central Bank’s Economic Activity Index.
A survey from the Brazilian Institute of Geography and Statistics (IBGE) shows that the growth was driven by computing and communication services.
Last year Brazilian retail trade grew from a year before, but percentage was lower than the one posted in the two previous years.
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.
