IPCA, Brazilian official inflation index, was above the 0.15% registered in December, driven by food and beverages.
Author: Agência Brasil
Last month, 197,000 units were manufactured. Domestic sales grew by 10%, but exports dropped by 46%.
Growth was below the expected by the Brazilian Supermarket Association (ABRAS). For 2019, the expectation is a 3% increase.
State’s government announced a reduction from 25% to 12% in the ICMS aliquot charged on the fuel.
The country produced an average of 2.586 million barrels per day last year. Natural gas production, however, grew by 1%.
Financial institutions estimate 6.5% SELIC by end of 2019, the same as it is now.
IBGE published Brazilian industry progress over last year. Only in December there was also an increase.
Chevron bought the refinery for USD 526 million.
Last year, values of industrial goods increased two times more than in 2017 according to IBGE.
Volume of loans grew by 5.5% last year, according to Brazilian Central Bank.
Number is two times the one registered in 2017. Foreign direct investments reached USD 88.3 billion, more than enough to finance the negative balance in current account.
The sum of internal and external Brazilian debts climbed 8.9% last year over 2017, according to Brazilian National Treasury.
Financial institutions estimate Brazilian economy will grow by 2.50% in 2019. Last-week projection was 2.53%.
The main index of the São Paulo Stock Exchange climbed 1.16% this Friday to 97,677 points.
