Quarter three economic expansion was driven by services, the Brazilian Institute of Geography and Statistics (IBGE) reported.
Author: Agência Brasil
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.
Brazil’s combined internal and external debt slid from BRl 3.779 trillion in September to BRL 3.763 trillion last month.
Estimate by Brazilian banks points to a 3.94% rate for the Extended National Consumer Price Index (IPCA) this year, down from the forecast of 4.13% of last week.
The consumer expectation index measured by the National Confederation of Industry climbed 2.7% this month to 113.6 points.
The Extended National Consumer Price Index 15 (IPCA-15) feel in comparison to the 0.58% registered in October. The index was pushed down by lower prices of electric energy and gas cylinder.
The index reached 63.2 points in November, the highest score since September 2010.
A survey from think tank Fundação Getulio Vargas (FGV) shows economic expansion in the third from the second quarter of this year, although FGV’s aren’t the official GDP figures.
The results of a poll of financial market players in Brazil shows that prices are expected to have climbed by 4.13% at the end of this year, down from a prior 4.23% forecast.
The director of the Ministry of Foreign Affairs’ Department for the United States, Canada and Inter-American Affairs, ambassador Ernesto Fraga Araújo, was appointed by Jair Bolsonaro to be the head of Itamaraty.
