An indicator from think tank Fundação Getulio Vargas climbed by 7.9 points in the second quarter from the first to 107.9 points, showing an optimistic outlook.
Author: Agência Brasil
Survey by the Brazilian Institute of Geography and Statistics shows industrial growth of 0.6% in April over March, with only five of 14 states surveyed with positive results.
The 2016-2017 season will see 234 million tons of grain harvested. The amount is up 25.6% from 2015-2016.
The Brazilian federal government has announced the funding available for the 2017-2018 crop, with an added USD 1.5 billion from the past season.
The growth took place in comparison to March, according to indicator by the Institute for Applied Economic Research (IPEA). A good performance by the machinery and equipment sector contributed to the result.
Economic growth expectation went up as per the Focus Bulletin, a weekly poll of banks issued on Monday (5). Respondents also expect inflation to drop.
The first plant in Brazil to make the product, which has similar characteristics to those of natural gas and will be used for fueling vehicles, opened this Friday (2) in Foz do Iguaçu.
The growth was achieved in April over March and it’s the best result for the month since 2013, according to a survey by the Brazilian Institute of Geography and Statistics (IBGE).
Buoyed by agriculture and livestock farming, Brazil’s Gross Domestic Product increased for the first time after two straight years of quarter-on-quarter drops. In the 12 years through March, GDP slid by 2.3%.
Brazil’s federal government will make the amount available via loans to smallholder farmers this year and the next.
The unemployment rate reached 13.6% in the three-month period ending in April, according to data made public by the statistics institute IBGE. The number of unemployed rose 23.1% year-over-year.
An indicator from think tank Fundação Getulio Vargas increased by 9.3 points in May from April, after dropping for several months on end.
The seaport in the state of São Paulo reached its biggest share of total exports/imports from Brazil so far this year in the January-April period, at USD 31.7 billion worth of cargo.
A survey by the Brazilian Central Bank states that financial institutions are expecting the benchmark interest rate to be cut by 1 percentage point in a Copom meeting this week. Inflation forecast was revised up.
