Weak revenue numbers were one of the reasons for the widest primary deficit on record for a first half in Brazil.
Author: Agência Brasil
Sales of tickets for domestic flights in Brazil increased by 1.9% year-on-year in June, the Brazilian Airlines Association (Abear) reported.
Financial market players estimate prices will have increased by 3.33% in Brazil at the end of this year. Last week’s projection had been 3.29%.
Brazil’s Federal Public Debt widened to USD 1.06 trillion last month, up from USD 1.03 trillion in May, the National Treasury Service said in a report.
In the first six months, Brazil registered a surplus of USD 715 million in current transfers. The results were impacted by the balance of trade, which had a surplus of USD 35 billion.
The index of the National Federation of Industry shows a decline in the confidence of industrial entrepreneurs this month over June. It dropped 1.3 point.
The increase in accommodations for tourists occurred during the last five years in Brazilian metro areas. It went from 373,600 in 2011 to 639,300 last year.
Tax collection and contributions totaled BRL 104.1 billion (USD 33.34 billion), an increase over the same month of last year. Year-to-date until June, revenues went up 0.77%.
The Brazilian Development Bank approved BRL 33.5 billion (USD 10.73 billion) in loans in the year’s first six months.
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.
