The Brazilian Development Bank approved BRL 33.5 billion (USD 10.73 billion) in loans in the year’s first six months.
Author: Agência Brasil
A survey conducted by FGV shows that Brazil’s economy grew in the three months through May from the three months ended February. Year-on-year, GDP was unchanged.
Petrobras announced this Monday (17) an oil and gas output record in June, boosted especially by the pre-salt at the Santos Basin.
The median of estimates for whole-year 2017 inflation rate from financial market players declined to 3.08%. In 2018 inflation is expected to be 4.19%, according to the Brazilian Central Bank’s Focus bulletin.
The Brazilian Central Bank’s Economic Activity Index declined month-on-month, but climbed by 1.4% year-on-year.
The decline took place from January to May in comparison to the same period of last year.
The North American currency ended the day at its lowest level since May 17. Bovespa ended today at the highest level since the same date.
Sales increase 4.5% in May over the same month of 2016. Growth forecast was revised up, from 1.2% to 1.6%.
Industrial production grew 0.8% in May, with the expansion taking place in the majority of the areas surveyed.
Brazil’s IBGE continues to forecast a record-high grain crop for this year. Its latest estimate is up 1.7 million tons from the previous one. The harvest is seen exceeding the last one by 30.1%.
The forecast by financial institutions regarding the economy’s growth for this year went from 0.39% to 0.34%. Estimates signal the inflation being lower than the forecast from last week.
Survey by the Ministry of Foreign Affairs shows that there are near 20,000 micro and small registered businesses owned by Brazilians abroad. The majority is located in the United States.
Brazil’s National Federation of Industry (CNI) has revised down its Gross Domestic Product growth forecast for this year from 0.5% to 0.3%.
Net savings deposits reached USD 1.8 billion in June, the highest amount for the period since 2013. Year-to-date, withdrawals outweighed deposits.
