The country ran a BRL 13 billion deficit last month, up from a BRL 8 billion one in May 2018.
Author: Agência Brasil
Central Bank of Brazil revised down the country’s economic growth forecast to 0.8% from 2%.
Revenue from the capital goods industry reached USD 1.9 billion in the month. Exports climbed 43%.
Minutes of its Monetary Policy Committee (COPOM)’s latest meeting show estimates for the Brazilian economy in Q2.
Auctions expected to take place until 2022 are expected to include airports Santos Dumont, in Rio de Janeiro, and Congonhas, in São Paulo.
Surplus reached USD 662 million last month. This was driven by the trade balance, particularly agricultural exports.
Brazilian economy was down by 0.9% in the three months through April and 0.1% in the month.
A Brazilian Central Bank index was down 0.47% in April from March, in the fourth straight month-on-month drop.
Production amounted to 912.6 million-dozens, up 6% from Q1 2018. The United Arab Emirates were the biggest importer.
The indicator declined 1% over Q4 2018, according to CNI.
The capacity to stock agricultural products in Brazil increased 0.3% in Q2 2018, to 169.5 million tonnes.
Out of the 15 locations tracked by IBGE, ten saw industrial production increase in April from March.
Brazilian banks expect the economy to grow by 1% in 2019, the 15th straight downward revision of the estimate.
Output reached 276,000 units in May, up 30% from a year ago. Industry employees declined 1.8% year-on-year.
