Brasília – Foreign direct investment (FDI) in the Brazilian productive sector totalled US$ 2.483 billion last month, the highest result ever recorded by the Central Bank of Brazil (BC) in the month of May since 1947.
In June this year, however, the BC is expecting a lower inflow of this type of investment. The projection is of US$ 1.5 billion. So far this month (24th), foreign direct investment inflow totals US$ 1.2 billion.
"The figure is somewhat lower than those of previous months, but is not that bad either," said the head of the Economic Department of the BC, Altamir Lopes. He said once again that FDI is spread across various sectors of the Brazilian economy. Lopes added that it is normal for FDI inflows to oscillate.
In the accumulated result from January to May this year, foreign investment in the production sector totalled US$ 11.234 billion. The forecast of the BC for this year is US$ 25 billion.
*Translated by Gabriel Pomerancblum
