Last month, sales in the Brazilian market were down both year on year and month on month, Fenabrave reports.
Author: Agência Brasil
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.
Brazilian equipment industry saw an increase in 2019 revenue, as per figures made public by Abimaq.
Brazil’s current account result in 2019 was the worst in four years, Central Bank reported.
Figure was reached for the first time. Oil extraction was up by 7.8% from a year before, and natural gas by 9.5%.
Brazilian association estimates a production of 1.175 million units in 2020. Domestic market drives up the industry. Exports are down.
US currency was up 0.4% this Tuesday and closed at its highest value since December 2nd.
US currency ended this Thursday at BRL 4.19, up 0.15% day on day.
Ministry of Agriculture calculated gross production value at USD 152 billion last year, up 2.6% from the previous year.
The 2019 economic growth estimate moved from 0.9% to 1.12%, and the 2020 estimate from 2.32% to 2.4%
