Weekly survey by the Brazilian Central Bank (BC) shows that financial institutions expect the Monetary Policy Committee (COPOM) to maintain at 6.5% the interest rates in this week’s meeting.
Author: Agência Brasil
That’s the deficit of the government’s current account in September. It was the second largest deficit ever for the month.
From November to April, cruise liner travel along Brazil’s coast are expected to gross over BRL 2 billion.
Brazilians spent USD 1.1 billion abroad in September, way below the figure registered in the same month of 2017.
Weakening production and employment levels continue to hamper a rebound, according to the National Confederation of Industry (CNI).
Brazil’s IPCA-15 index is up 0.09% in October from September.
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.
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.

