In this month, the Extended National Consumer Price Index-15 (IPCA-15) stood higher in comparison to July, when there was a deflation of 0.18%. Year-to-date, the IPCA-15 stands at 1.79%.
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Sales to the region fetched USD 1.1 billion in July, up 14% year-on-year. Egypt was the top buyer in the month. Year-to-date through July, sales increased by 15% to USD 7.16 billion.
The IMF expects a growth of 2.3% for the country’s GDP this year, below the 3% of last year’s. Lower oil prices brought forth many consequences to the economy and the need of a fiscal adjustment.
An index from think tank Fundação Getulio Vargas climbed 1.5 point to 92.3 in its August preview. Industrialists’ present and future outlooks have improved.
Exports from Brazil reached USD 4.1 billion, with imports coming out to USD 2.8 billion in the third week of August.
Financial market experts believe that the Extended National Consumer Price Index (IPCA) will end 2017 at 3.51%, according to a bulletin by the Brazilian Central Bank (BC). It’s the fifth time the forecast is revised up.
Brazil’s economy shrank in Q2 over Q1 according to the GDP Monitor, a survey conducted by think tank Fundação Getulio Vargas.
The president of the organization’s Council, Walid Yazigi, will launch new editions of this works ‘Building Technique’ and ‘Gastronomy Glossary’ on August 29 in São Paulo.
The main index of the São Paulo Stock Exchange climbed 2.01% to 68,714.66 points. The US dollar closed at BRL 3.146 for sale.
The Moça Bonita (Pretty Lady) project brought doctors from Brazil to work with Lebanese colleagues on the prevention of cancer in women. The joint actions focused on three cities.
Transportation company QETCO placed an order for 32 units of the Brazilian bus body builder’s Viaggio 900 to shuttle personnel for the state-run company Qatar Petroleum.
Survey by credit bureau Serasa Experian shows that the Brazilian economy grew 0.3% in the year’s Q2, a slower pace in comparison to Q1.
The Arab country saw Gross Domestic Product growth outpace the 1% rate recorded in the first half of 2016.
Sales volume of the sector went up in June over May in Brazil, according to the Brazilian Institute of Geography and Statistics (IBGE). It was the third consecutive increase.
