FDI inflows in Brazil slid in both August and year-to-date, but it’s still enough to finance the current account deficit.
Author: Agência Brasil
Spending in international trips reached USD 1.31 billion in August, down 5.24% from a year ago.
IBGE survey also shows a recovery in shrimp farming and a decline in the head of cattle numbers in the country.
Activity slowed down compared with July, the Brazilian Central Bank reported this Friday.
This Tuesday’s Macro Fiscal bulletin shows a revised economic expansion estimate, from 0.81% to 0.85%.
The average price hike forecast from Brazilian financial market players was down for the fifth week on end, from 3.59% to 3.54%.
Last month saw lower price raises than July, IBGE reported.
The Brazilian Tourism Institute (Embratur) will roll out actions to advertise the country as a destination, including illustrious figures who’ll promote the country free of charge.
The value of Brazilian agricultural production reached USD 86 billion last year, up 8.3%.
From 2016 to August 2019, 181 diploma revalidation processes were filed by refugees in Brazil through a partnership between UNHCR and non-profit Compassiva. Most of them still wait for analysis.
The Brazilian oil company is looking for innovation-driven startups and small business with technological solutions in oil, gas and energy.
A poll of Brazilian banks this week shows that GDP is seen going up 0.87% in 2019, up from 0.80% as of last week.
Federal, states and local governments in Brazil had deficits in July, despite being the best result for the month since 2013.
Brazilian economy increased from Q1.

