Brazilian economy is expected to grow this year and see an even sharper growth – 2.6% – in 2018, according to a survey by the Institute for Applied Economic Research (IPEA).
Author: Agência Brasil
Indicator by Fundação Getulio Vargas declined 10.8 points in September over August and stands at the lowest level since April of this year.
Four facilities operated by the Minas Gerais state utility have been auctioned this Wednesday in the São Paulo Stock Exchange. The funds will cover part of Brazil’s fiscal deficit.
Brazil’s external accounts reported a deficit from January to August, but it was much smaller than the one in the same period of 2016, when it stood at USD 13 billion.
The debt stock, including internal and external indebtedness, increased 1.87% last month over July.
The Brazilian Central Bank’s Focus Bulletin issued this Monday (25) shows that consumer prices are seen by financial market players falling short of the bottom end of the target range, which is 3%.
The August preview of an index from Brazilian think tank Fundação Getulio Vargas reached 92.3 on a 0-200 scale, in a 0.1 percentage point increase.
The Brazilian Central Bank (BC) revised up from 0.5% to 0.7% the forecast on the Brazilian economy growth this year, with the highlight being the expansion of the agricultural sector.
Fruit output in Brazil amounted to BRL 33.3 billion, the highest sum since record-taking began in 1974. The data are from the Brazilian Institute of Geography and Statistics (IBGE).
Financial institutions polled by the Brazilian Central Bank believe that prices will be raised by 3.08% this year. Last week’s inflation forecast was of 3.14%.
The growth was over the year’s first three months. The data is from the Organisation for Economic Co-operation and Development (OECD).
The amount of animals slaughtered in quarter two was down 3.1% regarding cattle and 4.5% for poultry compared with Q2 2016 figures.
The search for flights abroad among Brazilian airlines increased 19% in July over the same month of last year, according to the National Civil Aviation Agency (ANAC).
According to an indicator tracked by think tank Fundação Getulio Vargas slid by 2.8 points in quarter two from quarter one this year. It gauges the investment plans of industrial business owners.
