The Extended National Consumer Price Index (IPCA) dropped 0.09% last month.
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The country saw a USD 12.5 billion trade deficit from January to July. Both imports and exports went up in the period.
From January to July of this year, the country’s foreign purchases totaled USD 5.2 billion.
The decline was in comparison to June, after a 12.9% surge.
The North American currency ended this Monday at BRL 4.152.
It stood at USD 3.775 billion last month, the result of USD 22.552 billion in exports and USD 18.777 billion in imports.
The climb was registered in July over June, with 1.82 million barrels of oil equivalent per day.
August saw 111.6 million barrels of oil shipped from the Arab country, up 12% from a year ago, the Ministry of Petroleum reported.
In a survey by the Brazilian Central Bank (BC), financial institutions revised down their forecast for the expansion of the Brazilian economy in 2018, from 1.47% to 1.44%.
Salt and wet blue varieties of leather will now be tax-free for exports, as per a ruling from the Foreign Trade Chamber (Camex).
Federal, states and local governments in Brazil had deficits in July, but they were much narrower than in July 2017.
The expansion was registered in comparison to January from March of this year. Over Q2 2017, there was a 1% expansion.
The North American currency, for a period, had surpassed BRL 4.20 this Thursday. The Brazilian Central Bank (BC) sold USD 1.5 billion worth of currency swaps.
The Brazilian Development Bank (BNDES) said three units – in Acre, Rondônia and Roraima – will be auctioned on Thursday (30).
