Setting up a company in Brazil used to take eight days in 2017. Now it takes five, as per a survey from the Brazilian Federal Revenue Office.
Browsing: Economy
Report by Euromonitor says that the global economic growth is forecast to decline from 3.8% in 2018 to 3.5% in 2019 and 2020. The study has reduced the prospects of economic growth in Brazil.
National economy grew in the trimester ended in October compared to the one ended in July according to survey made by Fundação Getulio Vargas.
Meetings and technical visits were held in São Paulo and Rio Grande do Sul with representatives of NTDE Group between December 10 and 14. Estimates for the sales turnover are about 50 thousand pairs, amounting to USD 1.25 million.
A Brazilian Central Bank poll of financial institutions shows that prices are expected to have gone up by 3.71% by the end of the year. The result is the same as last week’s.
The Index of Economic Activity of the Central Bank, which predicts Brazilian economic flow, grew in October in relation to September. Compared to October 2017, the rise was 2.99%.
Third sector grew 0.1% compared to September and 1.5% compared to last year October.
Brazil’s AEB forecasts foreign sales will fetch USD 220 billion next year, down 7.7% from 2018. Imports are expected to go up, making for a narrower trade surplus.
Foreign participation in Brazilian airlines becomes unlimited. Until now the limit was 20%.
Brazilian association of manufactures hopes to achieve a number of 779 thousand manufactured units until the end of 2018. For 2019 the projection is a 10% growth, a total of 857 thousand bikes.
Association Abraciclo has revised up its 2018 estimate on the back of good results seen from January to November.
Last month saw 3.68 million bags shipped from Brazil. Revenues slid by 1% to USD 485 million. Year-to-date, the volume shipped to Arab countries was up 15%.
The surplus came as a result of USD 5.6 billion in exports and USD 3.6 billion in imports.
A poll of Brazilian financial institutions showed that the National Extended Consumer Price Index is expected to end the year at 3.71%.
