Brazilian company Feitiços Aromáticos makes items including ambient aromatizers, bathing salts and massage oils. It sets itself apart through sustainability and natural raw materials, and sells to Chile and Portugal.
Browsing: Economy
The country’s economy increased by 0.2% over the year’s first three months and 0.3% over the same period of 2016. Over four quarters, however, there was a decline.
Most of business intelligence company Click Prompt’s clients are in the hospitality industry. Luxury hotels are the preferred target in the Middle East.
Data from the Continuous National Household Sample Survey released by the Brazilian Institute of Geography and Statistics (IBGE) shows that the country had 13.3 million people unemployed from May to July.
Foreign sales totaled USD 487 million from January to July. According to the sector’s association, shipments are returning to historic levels after two years of decline.
The IMF highlighted the efforts by the Arab country to strengthen the economy after the embargo by neighboring countries. Government is pushing forward the fiscal adjustment and diversifying import sources.
An index from think tank Fundação Getulio Vargas dropped month-on-month, although it remains high, a sign that people aren’t planning to purchase or invest much.
Brazilian Institute of Geography and Statistics (IBGE) figures show there are 207,660,929 residents in the country, a bigger number than last year.
The president of the organization’s Management Council had the auditorium of the new Arab Chamber headquarters, in São Paulo, named after him.
Brazil’s Central Government saw a primary deficit to the tune of BRL 20.1 billion in July. Year-to-date, a BRL 76.3 billion primary deficit was also the widest ever.
The capital gains tax levied on remittances from Brazil to other countries has changed. Instead of a single 15% charge, now there are four different tax brackets.
In the fourth week of August, exports came out to USD 5.145 billion and imports clocked in at 2.991 billion, according to the Brazilian Ministry of Industry, Foreign Trade and Services.
Brazil’s external and domestic debt slid to a combined BRL 3.34 trillion last month, primarily due to a hike in its currency – the real – relative to the currencies that comprise its foreign-denominated debt.
A poll of financial market players in Brazil shows expectations regarding the increase in prices this year moving from 3.51% to 3.54%. GDP is now seen growing by 0.39% this year, up from 0.34% in the last poll.
