Surveys from Brazil’s National Confederation of Industry (CNI) and the Brazilian Institute of Geography and Statistics (IBGE) show that output from industry increased.
Author: Agência Brasil
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.
Brazilian monetary authority will sell USD 3 billion from Brazilian international reserves. Goal is to restrain dollar hike.
Thirty-six exploration blocks are slated to be tendered in October.
Acquisition of shares surpassed repurchases by USD 183,7 million in February.
It was the best result for the month since 2014, as per data from the General Register of Employed and Unemployed Persons (Caged).
With the dollar appreciation, Brazilian expenses in international travels dropped by 7.33% in February, down to USD 1.3 billion.
Although February saw a negative result, the deficit was narrower than a year ago.
Four facilities in Paraíba and Espírito Santo, Brazil were auctioned this Friday.
Brazil saw 2.7 million tons manufactured, down 1.7% from a year ago.

