The country is hoping to increase the sector’s relevance to trade balance numbers in decades to come, according to a ministerial secretary. In 2015, services accounted for a meager 1.91% of foreign sales.
Author: Agência Brasil
Brazil’s National Federation of Trade reports that consumption plans by families were down 0.5% in April from March.
Weekly Consumer Price Index decreased in the majority of the seven capitals surveyed between the first and the second weeks of April.
Brazilian Central Bank index edged up in February from January. Seasonally adjusted figures showed 0.52% growth.
The sector grew from February to January according to the Brazilian Institute of Geography and Statistics (IBGE). Highest growth rates were registered in Rondônia, Mato Grosso and Acre.
Sales declined month-on-month and year-on-year in February, according to the Brazilian Institute of Geography and Statistics (IBGE).
Industrial production increased 0.1% in February over January, with growth being registered in nine of 14 areas surveyed by the Brazilian Institute of Geography and Statistics (IBGE).
Surveys bring auspicious news regarding the harvest in Brazil. IBGE sees output increasing by 25% this year, and Conab estimates that the 2016/2017 crop will be 22% larger than the last one.
Financial institutions lowered their growth estimate for the Brazilian GDP for this year from 0.47% to 0.41%. The data is part of the weekly survey conducted by Brazil’s Central Bank.
The Brazilian government changed its deficit target for next year from USD 25 billion to USD 41 billion, ministers announced today.
Brazil’s Extended National Consumer Price Index slid by 0.08 percentage point in March from February to the lowest rate on record for the month since 2012.
Total amount withdrawn from savings accounts exceed deposits for the third consecutive month, according to the Brazilian Central Bank.
According to the Brazilian Institute of Geography and Statistics (IBGE), output was up marginally at 0.1% in February from January, and up 0.3% in the first two months of the year combined.
Output reached 2.6 million barrels per day in February, according to Brazil’s National Petroleum, Natural Gas and Biofuels Agency.
