According to a report by the UN agency, the occupation drove the rate to 27%. The lifting of the trade restrictions alone could make the local economy grow 10%.
Browsing: Economy
The United States currency gained 1.48% this Tuesday after sliding for three straight trading days.
The figure was the result of USD 4 billion in exports and USD 2.9 billion in imports, registered in four business days.
In August, there was a 7.5% decline in volume and a 9.2% drop in revenues in comparison to the same month of last year.
Financial institutions predicted a 1.40% growth for the Brazilian economy this year, below last week’s forecast.
A poll by Ernst & Young shows that 33% of 2,700 respondents from medium-sized businesses envision strong expansion this year.
The North American currency dropped 0.95% this Thursday. However, in the week, it has gone up 0.78%.
The Gross Fixed Capital Formation (GFCF) IPEA indicator fell over June, but went up over the same month of 2017
The Extended National Consumer Price Index (IPCA) dropped 0.09% last month.
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.

