The year’s average rate was the highest of the historical series that started in 2012. In 2016, the indicator reached 11.5%.
Author: Agência Brasil
The index that measures the variation of factory-gate prices of products increased last year. In 2016, the increase was lower at 1.7%.
Indicator by Fundação Getulio Vargas went up 2.2 points this month over December. Uncertainty over fiscal scenario and political issues weighed down on the result.
The balance of lending operations declined 0.6% in 2017 over the previous year. The amount accounted for 47.1% of the country’s Gross Domestic Product.
The financial market revised down its Brazilian economy growth forecast for 2018, from 2.7% to 2.66%.
Expenditure in international travelling reached USD 19 billion last year. Spending by foreigners in Brazil stood at USD 5.8 billion.
The amount forwarded to the Brazilian Union, states and counties by oil producing companies reached near BRL 27 billion (USD 8.72 billion).
Due to Brexit, the South American bloc is discussing a free trade agreement with the country, simultaneously with the negotiations that it has been having with the UE, said Brazil’s Finance minister, Henrique Meirelles.
The Focus Bulletin shows that the financial markets’ expectations regarding the IPCA and the GDP remain the same.
Consortium headed by the company was awarded lines 5-Lilás and 17-Ouro of São Paulo’s rail transportation system for BRL 553.8 million (USD 177.55 million).
The index, measured by the National Confederation of Industry, reached 59 points this month, the highest level since April 2011.
An index from Brazil’s National Confederation of Trade increased in January. Nevertheless, its score remains lower than the so-called ‘zone of indifference,’ which shows consumers are cautious.
Foreign sales of agriculture and livestock products from Brazil grossed USD 96 billion last year. The top-selling item was soybeans.
The Focus Bulletin released this Monday (15) by the Brazilian Central Bank includes a lower price hike expectation and a likelihood of stronger GDP growth.
