Last year, over 100,000 outlets closed in Brazil, according to a survey conducted by the National Federation of Trade in Goods, Services and Tourism.
Author: Agência Brasil
Credit rating agency Standard & Poor’s has kept the country two grades below investment grade. This has been Brazil’s score since February 2016.
Brazil’s National Supply Company (Conab) is forecasting a 32.5 million ton increase in 2016/2017 from the preceding season, to a record 219 million tons.
The rate is the weakest since 2010 for large businesses, according to a survey conducted by the National Federation of Industry (CNI). Ten percent of industrial companies that planned to invest didn’t.
Brazil’s inflation rate reached 0.38% last month, the lowest for the month in almost four decades, according to the Brazilian Institute of Geography and Statistics (IBGE).
Output increased in most of the 14 regions surveyed by the Brazilian Institute of Geography and Statistics (IBGE) in December. The states of Rio Grande do Sul and Ceará displayed above-average performance.
The Qatari carrier has launched a Doha-Auckland, New Zealand flight which it claims is the longest-lasting one in the world, clocking n at over 16 hours.
December 2016 average daily outputs were the highest for oil and natural gas, reported Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP).
The increase took place last year in comparison to 2015. For 2017, the sector is expecting a 5% sales growth.
The 12% unemployment rate made public by the Brazilian Institute of Geography and Statistics (IBGE) is the highest rate of the historical series that starts in 2012. The rate rose 36% year-over-year.
The increase in sales was registered last year over 2015, according to the sector’s association in Brazil.
Financial institutions surveyed for the Focus Bulletin kept their forecast for a Selic, the benchmark interest rates, of 9.5% per year in 2017. Inflation will be close to the center of the target.
The index measured by the National Confederation of Industry increased 3.5% in comparison to December 2016.
The government collected BRL 1.289 trillion (USD 409 billion) in taxes last year. Results would have been worse if not for the repatriation funds from October and November.
