The country saw a USD 329 million surplus in October, the Central Bank reported. Year-to-date through October saw a USD 11.3 billion deficit.
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The result came from USD 4.84 billion in foreign sales, with imports coming out to USD 5.96 billion.
The World Trade Outlook Indicator, measured by the organization, is at 98.6 points, the lowest level since October 2016, which signals a possible slowdown in 2018’s last months.
Brazil’s combined internal and external debt slid from BRl 3.779 trillion in September to BRL 3.763 trillion last month.
The Brazilian Development Bank will auction off energy distributor in Amazonas.
Estimate by Brazilian banks points to a 3.94% rate for the Extended National Consumer Price Index (IPCA) this year, down from the forecast of 4.13% of last week.
The consumer expectation index measured by the National Confederation of Industry climbed 2.7% this month to 113.6 points.
The Extended National Consumer Price Index 15 (IPCA-15) feel in comparison to the 0.58% registered in October. The index was pushed down by lower prices of electric energy and gas cylinder.
Import-restrictive measures adopted by members of the bloc, from May to October, have covered an amount of trade estimated in USD 481 billion, a new high.
The index reached 63.2 points in November, the highest score since September 2010.
A survey from think tank Fundação Getulio Vargas (FGV) shows economic expansion in the third from the second quarter of this year, although FGV’s aren’t the official GDP figures.
The organization expects the country’s GDP to grow 2.1% in 2019. Forecasts from May and from a year ago indicated growth of 2.8% and 2.5%, respectively. Forecast for the global economy was also slashed.
The Institute of Applied Economic Research (Ipea)’s Monthly Apparent Industrial Goods Consumption Indicator slid 2.3% over August and 1.3% year-on-year in September.
Imports came out to USD 3.2 billion, leading to a trade surplus of over USD 1.8 billion.
