The growth seen in 2018’s first three months is the highest since 2014’s Q2.
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The United States currency ended the day selling for BRL 3.661, up 0.9%, climbing for the third straight day.
The industry saw foreign sales slide in January, February and March, before rebounding in April to 9.87 million pairs of shoes shipped, grossing a combined USD 93.18 million.
Brazilian industry produced 88,422 units in April, according to sector association ABRACICLO.
The surplus is the result of USD 8.8 billion in exports and USD 5.7 billion in imports in the month’s first two weeks.
Brazil’s BNDES saw BRL 2.06 billion in net profit from January to March. Numbers were driven by a reversal of expenditure on credit risk provisions and by equity holding results.
The opening of the new branch office in Santa Catarina is scheduled for May 24. The plan is to cut costs for and offer faster services to the members based in the region.
South America’s premier supermarket industry show wrapped up this Thursday. Executives exhibiting their products at the Arab Chamber stand are optimistic about the contacts they made.
Foreign sales fetched USD 537 million from November 2017 through April 2018. Brazil is one of the leading buyers of Tunisian bottled olive oil.
The organization took over 15 digital influencers to get to know Brazil’s pavilion at trade expo BeautyWorld Middle East, which ended this Thursday in Dubai. The pavilion hosted 42 exhibiting companies.
Brazil’s dollar inflow surpassed outflow last month.
The Brazilian state-owned company registered a net profit of BRL 6.9 billion (USD 1.97 billion) in this year’s Q1.
Over 73,000 vehicles got shipped in April, with revenue coming out to USD 1.68 billion, up 37% over April 2017.
Financial institutions polled by the Brazilian Central Bank expect the economy to expand by 2.70% this year, down from a prior 2.75% forecast.
