Consumption during trips to other countries reached USD 1.5 billion in January, the Central Bank reported. In January of last year, expenditure had reached USD 840 million.
Author: Agência Brasil
The slumping economy led to a 4.5% decline in oil products consumption last year in the country. In 2015 from 2014, consumption had also gone down, but not at as sharp a rate.
Brazilian family farmers are exhibiting at Biofach, the world’s premier organic products exhibition, which began this Wednesday in Germany.
Cargo volume handled in Brazil in 2016 was slightly down from the year before as a result of the maize crop failure, according to data from the National Agency for Waterway Transportation (Antaq).
An index from Brazilian think tank Fundação Getulio Vargas and Germany’s Ifo institute slid between October 2016 to January 2017. The scenarios in Brazil, Mexico and Argentina played a part.
Expectations from financial market players regarding the Brazilian economy in 2017 have edged back from 0.49% to 0.48%.
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.
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).
