Demand for goods by the Brazilian industry sector increased 1.2% in April over March.
Author: Agência Brasil
The country’s economy shrank in the quarter that ended in April but grew in the month over the same period of 2017.
Financial institutions polled by the Brazilian Central Bank expect the Brazilian economy to grow 1.76% in 2018. Last week’s forecast called for a 1.94% forecast.
The Brazilian monetary authority said it will offer currency swap contracts starting next week to reduce volatility of the United States currency.
The Brazilian Institute of Geography and Statistics (IBGE) released this Tuesday (12) its estimate from May regarding the cereal, oilseed and pulse harvest. The expected amount is down 0.8% from April.
Throughput at government-managed ports in the country was up 3.2% in the first quarter, while privately-run terminals saw a 2.3% decline in cargo handled.
The International Air Transport Association, which represents 290 airlines in 120 countries, says governments must be cautious in handing airports over to private sector players.
An indicator from the Institute for Applied Economics Research (Ipea) showed an increase in April from March.
ANP sold three of the four blocks offered in an auction this Thursday (7).
Foreign sales of Brazilian-made cars dropped as a result of a trucker strike. Industry association Anfavea expects a rebound.
Estimates from financial market players regarding the economy this year slid from 2.37% to 2.18%.
The Brazilian federal government proposed a law to the National Congress whereby private sector players will be allowed to buy six of state-run power utility Eletrobras’ distribution subsidiaries.
The Gross Domestic Product registered a growth of 0.4% over 2017’s last three months and 1.2% over the same period of last year.
Anticipated payment of government judicial securities impacted the finances of the Brazilian Central Government.
