Extended National Consumer Price Index increased to 0.75%. It was the highest rate for March since 2015.
Author: Agência Brasil
Expected economic growth in Brazil shrank from 1.98% to 1.97% this week from the last one, as per the Central Bank’s Focus Bulletin.
Brazil’s Ministry of Mines and Energy has created a workgroup to come up with proposals to streamline Brazil’s electric grid.
The amount of private and non-profit organizations was down 14% in 2016 from 2013 on the back of recession – they rely heavily on funding.
The Brazilian president’s visiting schedule will be worked out over the next few days, foreign minister Ernesto Araújo said during a hearing at the Federal Senate.
Q1 saw 904,760 brand new units sold in Brazil, including automobiles, light commercial vehicles, trucks, buses, motorcycles, road implements and other vehicles.
Sector’s revenue reached USD 1 billion last year, according to Brazil’s Ministry of Agriculture. Crop area in the country is 1.1 million hectares.
US dollar outflows exceeded inflows in Brazil by USD 4.2 billion last month.
Surveys from Brazil’s National Confederation of Industry (CNI) and the Brazilian Institute of Geography and Statistics (IBGE) show that output from industry increased.
Business Confidence Index measured by Fundação Getulio Vargas decreased by 2.7 points in March over February.
Brazilian financial market players’ 2019 economic growth estimate moved from 2% to 1.98%.
Indicator that measures the sector’s confidence dropped by 1.8 point in March over February.
Central Bank of Brazil revised its economy growth for this year from 2.4% to 2%.
State-owned company made a profit last year after a net loss of USD 442 million in 2017.

