A Brazilian Central Bank index shows the economy picking up in August from July. Year-on-year, activity increased by 2.5%.
Author: Agência Brasil
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.
Brazil saw 80,690 units made last month, but exports are on their way down.
The Brazilian Institute of Geography and Statistics (IBGE) tracked 15 locations throughout Brazil, and production increased in most in August from July.
The Fund expects the country’s economy to grow 1.4% this year. Forecast was revised down in 0.4 percentage point over July’s estimate.
Financial institutions are expecting prices to increase 4.4% this year. Last week’s forecast pointed to a 4.3% inflation rate.
The state-owned oil company has paid a BRL 2 billion (USD 540 million) debt with Banco do Brasil, which had a 2020 due date.
The institution slashed its forecast for the Brazilian economy in 2018 from 2.4% by half, to 1.2%.
The Extended National Consumer Price Index (IPCA) went up after a deflation in August, according to statistics institute IBGE. Transportation had the biggest impact in the rate.
Dollar outflow in Brazil surpassed inflow in more than USD 6 billion in September.
