The Brazilian Central Bank expects the country to register a trade surplus of USD 44.5 billion this year against the previous forecast of USD 49 billion, due to the decline in exports.
Author: Agência Brasil
Brazilian travellers spent a combined USD 1.2 billion in other countries in November, the lowest amount since May. Brazil’s current account deficit last month was lower than expected.
Federal tax revenue in Brazil reached USD 30.2 billion last month, an amount 0.1% higher in real terms than in November 2015.
Output in the 2016/2017 harvest season will be 694.5 million tons, as per the projections of Brazil’s National Supply Company.
The United Nations Security Council approved a resolution on the matter by unanimous decision. Observers will be shipped to the Syrian city.
Financial institutions expect the Brazilian economy to grow 0.58% next year. Last week’s forecast had the growth at 0.70%.
An indicator compiled by organizations IBRE/FGV and TCB edged up in November from October to 100.2 points. It anticipates short-term economic trends.
This Friday (16) saw the hydroelectric plant reach 98.63 million MWh. It is now close to matching the world record, which belongs to China’s Three Gorges Dam.
A survey conducted by Brazil’s National Federation of Trade in Goods, Services and Tourism shows the index climbing 2.6% in December from November due to the year-end holidays.
According to the Brazilian Institute of Geography and Statistics (IBGE), 778.82 million dozen eggs were produced in Q3, the highest volume since record-keeping began in 1987.
Activity slowed down in Brazil as against September levels according to a survey by the Brazilian Institute of Geography and Statistics (IBGE). It was the third straight month-on-month drop.
Measures by the Development Bank aim to facilitate, expand and streamline access to credit by micro, small and medium-size businesses.
The National Confederation of Industry forecasts an expansion of 0.5% in 2017. For the industrial sector, the estimative is for a growth of 1.3%.
Survey shows that from this total, USD 16.71 billion is generated by residents of communities in underprivileged Brazilian suburbs.

