Foreign sales from the country declined year-on-year in July, the National Motor Vehicle Manufacturers Association (Anfavea) reported.
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From January to July, 104,600 units were sold in the Arab country, 89,100 of which were imports.
The expectation from financial institutions regarding the 2018 Extended Consumer Price Index (IPCA) remains the same as last week’s.
The North American currency ended the Friday at BRL 3.707, while the Ibovespa reached 81,435 points, its highest point since May 22.
The index which tracks activity dropped from 46 points in June to 45.4 in July.
The Brazilian state-run oil company posted BRL 10.7 billion in net profit in quarter two this year, up 45% from a year ago.
The Petrobras subsidiary that operates in the fuel distribution sector posted a net profit of BRL 263 million (USD 72.90 million) in Q2 2018.
The National Agency of Petroleum, Natural Gas and Biofuels (ANP) said output averaged 3.3 million boed in June.
The amount will be used by the company in wind projects until 2020 to increase wind energy generation in one thousand megawatts.
Brazil’s benchmark rate has been kept at 6.5% per annum for the third straight time, in a decision made this Wednesday by the Monetary Policy Committee.
Last month, 306,700 units were sold in the country. Year-to-date, sales have reached almost 2 million.
Brazil’s foreign purchases were up 42.7% year-on-year in July, whereas foreign sales increased by 16.4%. As a result, the country’s trade surplus grew 32.7% narrower.
Results improved over May in Brazil, although this was partly imputed to the fact that shipping was held back by the trucker strike.
Despite the appreciation of the last few days, the North American currency dropped in price in the month.
