Ilan Goldfajn said while speaking in Washington, DC that he believes inflation and interest rates will remain subdued in Brazil.
Browsing: Economy
The OPEC expects demand to hike by 1.4 million barrels per day. It has revised its forecast due to an improved outlook for the global economy.
A report from UNCTAD shows nine more developing nations joined the ranks of those that depend on staples exports between 2010 and 2015.
Brazilian Finance minister Henrique Meirelles said so during a lecture in Washington, DC, and that in order for that to happen, macroeconomic reforms are needed.
A selection process will be held next Saturday (14) in São Paulo. Candidates must be 21 or older with at least a high-school diploma.
The region’s GDP is expected to be up 1.2% this year and 2.3% in the next, while Brazil is seen growing 0.7% in 2017 and 2.3% in 2018.
The world economy is expected to grow by 3.6% this year and 3.7% in the next. These projections are more optimistic than the ones from April. The forecast for Brazil moved up by 0.5 percentage point.
Production numbers slid by 0.8% in August from July as a result of weaker output in six out of 14 locations, the Brazilian Institute of Geography and Statistics (IBGE) said.
The Brazilian Ministry of Industry, Foreign Trade and Services said exports came out to USD 5.059 billion, with imports at USD 3.157 in the first week of October.
The country’s banking sector had USD 723 billion worth of assets in the first half of this year, the biggest amount of any Gulf Cooperation Council country and up 1.7% from the second half of 2016.
After six straight drops, the 2017 forecast from Brazilian financial market players changed up from 2.95% to 2.98%.
The Arab country’s conflict and its connection with the West-Middle East dialogue will be discussed in a meeting at the Sesc’s Research and Formation Center on Wednesday (11). French diplomat Anis Nacrour will speak.
Survey by the Federation of Commerce of the State of Rio de Janeiro (Fecomércio-RJ) and Ipsos Institute also indicates that the average amount to be spent should go up in comparison to last year.
The National Consumer Price Index (IPCA) ended last month below the 0.19% seen in August. From January to September, price increase in Brazil reached 1.78%.
