Loans from Brazil’s BNDES came out to USD 18.5 billion from January to November this year. Agriculture loans were the only ones to increase year-on-year.
Author: Agência Brasil
November saw the Brazilian government collect BRL 115.089 billion in taxes, up 9.5% year-on-year in inflation-discounted terms.
The National Confederation of Industry’s Industrialist Confidence Index climbed 1.8 to 58.3 points, its best score since November 2012.
Brazilian financial market players expect prices to have increased by 2.83% by the end of this year, down from 2.88% as of last week’s forecast.
Such is the amount expected following an auction held today in São Paulo. Winning bids were placed for 11 batches in 10 different states of Brazil.
The sector slowed down in October from September in Brazil as per a survey by the Brazilian Institute of Geography and Statistics (IBGE). Activity also dropped year-to-date.
Minister Henrique Meirelles announced a 1.1% growth prediction for Brazil this year, up from a prior 0.5% forecast. Expected 2018 performance moved up as well.
The National Congress approved next year’s budget on Wednesday evening. A special election campaigns fund will account for USD 513 million out of the total amount.
The Brazilian Institute of Geography and Statistics (IBGE) forecasts that Brazil’s grain, legume and oilseed crop will amount to 219.5 million tons in 2018, 22.4 million tons less than in 2017.
A survey by the National Confederation of Industry (CNI) shows that, in ten years, the percentage of Brazilian industries that will be 4.0 will go from the current 1.6% to 21.8%.
Financial market players see this year ending with a 2.88% rate, down from a prior 3.03% estimate. Expected economic growth edged up from 0.89% to 091%.
Brazil’s Electrical Energy Research Center (Cepel) launched an Ultra-High Voltage Laboratory in Rio Janeiro. The country is now the second in the world to have a unit of this kind – China’s the first.
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels has issued a pre-request for proposals and the draft contract for the tender of 70 exploration blocks.
Industrial production climbed year-on-year and hit its highest number since April 2013.
