US dollar outflows exceeded inflows last month. The deficit stemmed from financial operations.
Author: Agência Brasil
Brazil’s National Agency for Petroleum (ANP) has authorized nine more enterprises to bid for oil and gas exploration and production in previously tendered fields or blocs that were given up on by the winning bidders.
In October from September, industry production climbed 0.2% after going down for three months in a row.
President Michel Temer authorized donations to the UNHCR and the IOM, both of which are international organizations devoted to assisting vulnerable people under refugee status.
The country produced 117 million cubic meters per day in October, up 2.1% year-on-year.
The country is the leading exporter of natural gas in the world. The Qatari minister of Energy, Saad al Kaabi, said the goal is to ‘focus on the gas business.’
The second highest surplus on record for a November came as a result of USD 21 billion in exports and USD 17 billion in imports.
The Extended National Consumer Price Index (IPCA) slid for the sixth week back-to-back, this time to 3.89%, as per a Brazilian Central Bank poll.
Quarter three economic expansion was driven by services, the Brazilian Institute of Geography and Statistics (IBGE) reported.
Brazil’s National Treasury, Social Security and Central ran a combined BRL 9.45 billion (USD 2.44 billion) primary surplus, the widest for an October since 2016.
The number of jobless workers slid in August-October from 12.3% in May-July, according to the Brazilian Institute of Geography and Statistics (IBGE).
Oil and gas production averaged 3.34 million barrels of oil equivalent per day for the Brazilian state-run oil company in October.
The sector grossed BRL 65.1 billion (USD 16.8 billion) from January to October, up 7.7% compared with a year ago.
The country saw a USD 329 million surplus in October, the Central Bank reported. Year-to-date through October saw a USD 11.3 billion deficit.
