According to the Brazilian Institute of Geography and Statistics (IBGE), 224.2 million tons of grains will be harvested in Brazil this year, with soy, maize and rice making up over 90% of total output.
Author: Agência Brasil
A partnership between the Brazilian government and the National Confederation of Industry will work to integrate 500 companies into the global market.
A 1.4% increment year-on-year capped a 34-month run of shrinking output in Brazil, according to numbers released by the Brazilian Institute of Geography and Statistics (IBGE).
Second phase of the Investment Partnerships Program (PPI) is planning 55 concessions to the private sector of highways, railways, port terminals and power transmission lines.
Shipments generated USD 1.18 billion in February, the highest amount for the month, and almost USD 2 billion in the first two months of the year.
Data released by the Brazilian Institute of Geography and Statistics (IBGE) confirm the second straight year of recession in the country. The 7.2% drop in the 2015-2016 biennium was the biggest on record.
Indicator measured by Fundação Getulio Vargas declined 8.5 points from January to February and is at its lowest level since May 2015.
Banks’ inflation forecasts for 2017 and 2018 remained the same. Next year’s inflation rate is expected to come at 4.5%. The forecast for the GDP signals a 0.49% growth.
For the 22nd consecutive month, net job creation was negative according to the General Register of Employed and Unemployed Persons (Caged).
Consumption went up in all four major sectors surveyed and in all five regions of Brazil. The biggest increase was in industry.
The minutes from the latest meeting of the Monetary Policy Committee show a willingness to accelerate cuts in the benchmark interest rate, which is now 12.25% per annum.
Visitor numbers increased by 167% at the Sambadrome and by 203% in street parades, compared with last year’s numbers.
Agreements signed on Tuesday amount to USD 2.225 billion and include stakes in pre-salt oilfields.
Brazil saw a primary surplus of BRL 6.7 billion. For the full-year result, however, a BRL 143 billion deficit is expected.
