The index measured by Fundação Getulio Vargas dropped 11.2 points in October, before the election final results, to 110.3 points. However, it still reflects a high level of uncertainty.
Author: Agência Brasil
The North American currency climbed 1.51% this Monday and ended the day at BRL 3.71.
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.
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.
