Banks reduced their inflation forecast for the tenth straight time.
Author: Agência Brasil
Brazil’s president Jair Bolsonaro said maximum expenditure at duty-free shops in airports will increase from USD 500 to USD 1,000.
Temporary visas can be requested in Brazil’s consular offices Brazil in Beirut, Lebanon; Aman, Jordan; Cairo, Egypt, as well as in Turkish cities.
The apparent consumption from the Institute for Applied Economic Research (Ipea) was down 1.4% in August from July.
Industry association Abraciclo’s chairman Marcos Fermanian said the availability of credit was the primary driver of the increase.
IPCA, official measure of inflation, slid by 0.04% last month
Foreign sales declined 7.1% year-on-year and 0.2% from August, Anfavea reported.
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.
