Browsing: Economy

Fundação Getulio Vargas’ index shows that Brazil’s economy grew last year. However, this is not the official GDP, which is measured by the Brazilian Institute of Geography and Statistics (IBGE) and comes out in March.

An indicator from FGV covering industry, services, consumption, production, exports, stock exchanges, etc., was up 1.3% in January, a stronger rate than last December’s.

A Brazilian Central Bank poll shows the economy picked up in 2017. The official GDP indicator from the Brazilian Institute of Geography and Statistics (IBGE) is yet to be released.

According to the Focus bulletin, released by the Brazilian Central Bank (BC), financial institutions expect benchmark interest rates to decline from 7% to 6.75% per year.

According to data released this Monday (5) by the National Federation of Motor Vehicle Distributors (Fenabrave), sales of new vehicles climbed 23% in January in comparison to the same month of 2017.