The International Monetary Fund is expecting the Brazilian economy to grow marginally in 2017 and then for growth to pick up to 1.7% in 2018.
Author: Agência Brasil
The index surveyed by the National Confederation of Industry (CNI) registered 53.7 points in May with an improvement of 0.6 point over April.
Production by Brazil’s state-run oil company started this Wednesday (17) in an area of the Santos Basin with FPSO vessel P-66.
The Brazilian Ministry of Mines and Energy is planning on auctioning in September four plants whose concessions expired and which have been returned to federal government control.
The Brazilian state-run oil company announced that procedures have begun for the divestment sale of the Azulão Field, a potential natural gas production site in the Amazonas River Basin.
Brazil’s economy grew in this year’s Q1 in comparison to the last quarter of 2016, as shown by indicator from the Brazilian Central Bank (BC).
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.
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.
