The monetary authority’s 2019 economic growth forecast remained unchanged in its report made public this Thursday (20).
Author: Agência Brasil
Setting up a company in Brazil used to take eight days in 2017. Now it takes five, as per a survey from the Brazilian Federal Revenue Office.
National economy grew in the trimester ended in October compared to the one ended in July according to survey made by Fundação Getulio Vargas.
A Brazilian Central Bank poll of financial institutions shows that prices are expected to have gone up by 3.71% by the end of the year. The result is the same as last week’s.
The Index of Economic Activity of the Central Bank, which predicts Brazilian economic flow, grew in October in relation to September. Compared to October 2017, the rise was 2.99%.
Third sector grew 0.1% compared to September and 1.5% compared to last year October.
Brazil’s AEB forecasts foreign sales will fetch USD 220 billion next year, down 7.7% from 2018. Imports are expected to go up, making for a narrower trade surplus.
Foreign participation in Brazilian airlines becomes unlimited. Until now the limit was 20%.
The Brazilian Institute of Geography and Statistics (IBGE) forecasts a 231-million-ton harvest next year, up 1.7% from this year.
A poll of Brazilian financial institutions showed that the National Extended Consumer Price Index is expected to end the year at 3.71%.
The Extended National Consumer Price Index (IPCA) slid by 0.21% as it dropped to its lowest for the month since 1994. Transportation and Housing saw the sharpest drops in prices.
The biggest such facility in Brazil handled 110.6 million tons of cargo from January to October. However, October alone saw volume drop by 9.8% year-on-year.
January to November saw 2.3 million brand new vehicles sold in the country, up 15% from a year ago. Domestic sales made up for weaker exports.
The state-run oil company released its business plan for 2019-2023. The bulk of funds will go into exploration and production.
