Brazilian Institute of Geography and Statistics (IBGE) figures show there are 207,660,929 residents in the country, a bigger number than last year.
Author: Agência Brasil
Brazil’s Central Government saw a primary deficit to the tune of BRL 20.1 billion in July. Year-to-date, a BRL 76.3 billion primary deficit was also the widest ever.
The capital gains tax levied on remittances from Brazil to other countries has changed. Instead of a single 15% charge, now there are four different tax brackets.
Brazil’s external and domestic debt slid to a combined BRL 3.34 trillion last month, primarily due to a hike in its currency – the real – relative to the currencies that comprise its foreign-denominated debt.
A poll of financial market players in Brazil shows expectations regarding the increase in prices this year moving from 3.51% to 3.54%. GDP is now seen growing by 0.39% this year, up from 0.34% in the last poll.
Federal revenues totaled slightly less than BRL 110 billion (USD 35.17 billion) last month, down 0.34% in real terms over July 2016.
Brazil’s National Supply Company (Conab) predicts a sugarcane harvest of 646.3 million tons, which is 1.7% less than in the last crop.
Auctions for exploration and production sharing agreements in oil blocks will be held on October 27.
The country registered a current account deficit of USD 3.4 billion in July. However, foreign direct investment increased to USD 4 billion in the month.
In this month, the Extended National Consumer Price Index-15 (IPCA-15) stood higher in comparison to July, when there was a deflation of 0.18%. Year-to-date, the IPCA-15 stands at 1.79%.
An index from think tank Fundação Getulio Vargas climbed 1.5 point to 92.3 in its August preview. Industrialists’ present and future outlooks have improved.
Financial market experts believe that the Extended National Consumer Price Index (IPCA) will end 2017 at 3.51%, according to a bulletin by the Brazilian Central Bank (BC). It’s the fifth time the forecast is revised up.
Brazil’s economy shrank in Q2 over Q1 according to the GDP Monitor, a survey conducted by think tank Fundação Getulio Vargas.
The Brazilian Ministry of Agriculture estimates that agriculture and livestock production will amount to BRL 535.4 billion this year, with grains, cotton, oranges and sugarcane as best-performing crops.
