In the first quarter, the state-run oil company produced 2.805 million barrels of oil equivalent per day, up 7% from a year ago.
Author: Agência Brasil
A survey conducted by Fundação Getulio Vargas shows a 17-point hike in an index in April from January this year.
A poll of Brazilian financial institutions conducted by the Ministry of Finance points to an expected BRL 148 billion deficit this year, a wider number than the government’s BRL 139 billion target.
It was the state in Brazil where industrial production declined the most in March from February, by 4%. The average national drop was 1.8%. Other above-average states were Ceará, Paraná, Minas Gerais, and Pará.
A rocket carrying the device was launched last week from the French Guyana. The goal is to increase broadband availability in Brazil.
The increase in prices expected by Brazilian financial market players for 2017 changed from 4.03% to 4.01%. The GDP growth forecast edged up to 0.47% from 0.46% last week.
From January to April, 232,000 vehicles were shipped abroad from Brazil, a 64% increase over the year-ago period.
Brazil’s IBGE, National Treasury and Central Bank reported that the federal government had a net operating loss of BRL 512.2 billion in 2015. In 2014, the deficit had been equivalent to 4.9% of GDP.
The decline was from February to March. In comparison to March of last year, however, it went up 1.1%.
The National Consumer Price Index forecast dropped for the eighth week in a row, to 4.03% per annum, according to the Central Bank’s Focus Bulletin.
Brazil’s federal, states and local governments registered last month a primary deficit of USD 3.47 billion, up from USD 3.3 billion in March 2016.
Brazil’s National Treasury, Social Security and Central Bank ended March on the worst down note since record-keeping began in 1997.
An index that tracks the prices of goods sold by industry edged up in March. In February and in March of last year, there was deflation.
According to the National Federation of Industry (CNI), there was a strong and widespread surge in activity last month from February.

