Foreign sales declined 7.1% year-on-year and 0.2% from August, Anfavea reported.
Author: Agência Brasil
The indicator from the National Confederation of Industry climbed in Q2 from Q1.
Volume reached 3.828 million barrels of oil equivalent per day in August, almost 3 million being in oil only.
Brazil ran a USD 2.2 billion surplus last month as exports cooled off and imports climbed, prompting the government to revise its yearlong estimate.
The World Trade Organization sees worldwide sales of goods going up 1.2% this year, down from last April’s 2.6% estimate.
In Birigui, the organization’s secretary-general Tamer Mansour will address Brazil-Arab countries trade in the industry.
Increase was recorded in August from July in survey by the IBGE. Year-on-year, it saw a decrease.
Forecasts from Brazilian financial institutions polled by the Brazilian Central Bank eased marginally, going from 3.44% to 3.43% for inflation and from 5% to 4.75% for the interest rate.
June-August rate slid from 12.1% from a year ago and 12.3% in March-May 2019.
Demand is up 4% from the last edition two years ago for the first week of the music festival, and up 2.5% for the second week.
Institution predicts a 0.9% growth for Brazil’s GDP this year from a previous 0.8% estimate.
Capital goods exports from Brazil reached USD 824 million in August, down 15.7% from August 2018.
USD 29 billion went into the government’s coffers during the month, the highest result for the month since 2014.
Foreign sales fetched USD 4.422 billion and foreign purchases amounted to USD 3.454 billion, leading to a USD 968 million trade surplus.
