A report from the International Monetary Fund shows that economic activity will gradually gain strength in years to come with projects for Expo 2020 and some recovery in oil prices.
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A report from the International Monetary Fund shows that economic activity will gradually gain strength over years to come with projects for Expo 2020 and some recovery in oil prices.
The Brazilian Central Bank’s Economic Activity Index declined month-on-month, but climbed by 1.4% year-on-year.
The first half of the year saw a 44% increase in foreign sales of trucks and a 24% increase in foreign sales of buses.
A report by investment bank Alpen Capital brings a forecast of a 4.6% average growth per year, with revenues to reach USD 313 billion in 2021.
The decline took place from January to May in comparison to the same period of last year.
The North American currency ended the day at its lowest level since May 17. Bovespa ended today at the highest level since the same date.
Exports to Arab countries amounted to USD 564 million in the first half of the year, up 133% from a year ago.
Sales increase 4.5% in May over the same month of 2016. Growth forecast was revised up, from 1.2% to 1.6%.
The region was targeted by USD 30.8 billion worth of foreign direct investment last year. The United Arab Emirates was the number one destination.
Industrial production grew 0.8% in May, with the expansion taking place in the majority of the areas surveyed.
Professor Roberto Khatlab will speak to a group of tourists at an event on Wednesday (12). The address will be open to the general public and delivered in Portuguese. Admission is free.
The estimate of the economic impact of six years of war is from the World Bank, which has a report out on the matter.
Exports amounted to USD 4.055 billion and imports came out to USD 3.010 billion, the Brazilian Ministry of Industry, Foreign Trade and Services reported.
