That’s the forecast made by financial institutions in Brazil for the Extended National Consumer Price Index (IPCA) in 2018. Last week, their estimate stood at 4.43%. It’s the sixth straight time that banks revise up their forecast.
Author: Agência Brasil
The signing of a deal covering 17 non-tariff-related issues is expected to happen in December. Tariffs have been lifted under a previous deal entered into by the Andean country and Mercosur.
Such was the amount by which Brazil’s Gross Domestic Product widened from June to August, as per think tank Fundação Getulio Vargas’ GDP Monitor.
Power company Companhia Energética de São Paulo (CESP) was sold to the sole bidder at the São Paulo Stock Exchange this Friday (19).
An index which tracks confidence among industrial business owners in Brazil’s economy gained 0.9 point in October from September.
The North American currency ended this Thursday at BRL 3.72, going up 1.11% over the previous day.
Cassava flour from Cruzeiro do Sul, guaraná from Maués, cheese from Colônia Witmarsum, cocoa almonds from southern Bahia and pork sausage from Venda Nova do Imigrante are now certified by the INPI as native items.
There was a 0.6% slide in August over July, as revealed by the IPEA Indicator of Apparent Consumption of Industrial Goods.
A Brazilian Central Bank index shows the economy picking up in August from July. Year-on-year, activity increased by 2.5%.
The Brazilian company presented the Praetor 500 and Praetor 600 at the Orlando Executive Airport fair, in the United States.
Financial market players responding to a Brazilian Central Bank poll expect prices to have gone up 4.43% by the end of this year, up from a 4.40% forecast as of last week.
Foreign sales of basic goods rose 2.7% in September, while sales of other items dropped 7%, according to Fundação Getulio Vargas (FGV).
Brazil’s National Supply Company (Conab) estimates that 238.5 million tons of grains will be harvested in the 2018/2019 season.
Complaints filed by other countries against the export of Brazilian goods cause exports of said goods to decrease by 86% on average, the National Confederation of Industry (CNI) said.
