The increase took place last year in comparison to 2015. For 2017, the sector is expecting a 5% sales growth.
Author: Agência Brasil
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.
Lending by banks declined in 2016 in comparison to the previous year.
The amount of investments online by individuals in public bonds was the highest for the month. Sales totaled BRL 1.715 billion (USD 541 million).
Last year, 670,000 units were produced in Brazil. Exports increased 27% to 8,400 units.
Estimate by financial institutions are approaching the established inflation target center. In the Focus Bulletin of this Monday (23), forecasts on the benchmark interest rates were also revised down.
The number of formal jobs, with registered employees, declined 3.33% last year in comparison to 2015.
Last month’s performance had better numbers than those in December 2015. Output and employment indicators showed improvement.
Last year, 887,600 units were produced in Brazil. Exports declined 14.6% in the same period.
The indicator, measured by the National Commerce Confederation for Goods, Services and Tourism, declined 1.7% in January.
