Financial market players expect prices to be up 3.81% in Brazil this year. Last week’s forecast had been 3.84%. The GDP estimate has also improved.
Author: Agência Brasil
A Brazilian Central Bank poll shows the economy picked up in 2017. The official GDP indicator from the Brazilian Institute of Geography and Statistics (IBGE) is yet to be released.
Expectation index regarding the improvement of the country’s economy went up 4% year-over-year, according to a survey by SPC Brasil and CNDL. Even so, it hasn’t yet reached an optimism level.
The financial market, for the second consecutive week, revised down its inflation rate forecast for Brazil this year.
The country will step up negotiations to become full member of the Organisation for Economic Co-Operation and Development, with the support of the Brazilian diplomatic representation in Paris, where the organization is located.
The volume of sales increased over 2016, after two years of decline.
The year’s first forecast expects Brazil to harvest 14.5 million tons less than in 2017 regarding cereals, legumes and oil seeds.
The company is working on the development of a pioneering technology and aims the large-scale production of the fuel. Production has been tested and a pilot project already began.
Withdrawals by Brazilians from their savings accounts surpassed deposits in January, according to information released this Tuesday by the Brazilian Central Bank (BC).
According to the Focus bulletin, released by the Brazilian Central Bank (BC), financial institutions expect benchmark interest rates to decline from 7% to 6.75% per year.
Temporary document is for foreigners seeking asylum in Brazil and are still waiting a decision by the government.
According to data released this Monday (5) by the National Federation of Motor Vehicle Distributors (Fenabrave), sales of new vehicles climbed 23% in January in comparison to the same month of 2017.
Oil company reported this Thursday (1) that it has closed bond issuance abroad with maturity in 2019. According to the company, demand was five times higher than supply.
After three years of decline, Brazilian industrial production ended 2017 with a growth, driven by the auto industry.
