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.
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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.
The logistics park in Dubai handled 27. 9 million worth of goods last year, with deals amounting to a combined USD 80.2 billion.
August’s second week registers USD 3.913 billion in exports and USD 3.04 billion in imports, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
The Brazilian Development Bank (BNDES) ended the year’s first six months with earnings, reversing the loss of the same period of 2016. Lower delinquency rate was one of the factors.
The estimate by financial institutions of how much prices should climb this year was revised up for the fourth week back-to-back, this time to 3.5% in 2017.
In this year’s Q2, the company earnings were lower than the same period of 2016. An extraordinary pension plan created for the employees impacted the results.
The Brazilian arm of the German automaker will supply the engines that will equip trucks sold in Africa and the Middle East. Destinations include Saudi Arabia and Algeria.
ECLAC forecasts a decline of 5% in the flow of foreign direct investments in 2017, after a drop of 7.9% in 2016. However, Brazil attracted more resources last year and in 2017’s first half.
A survey of financial institutions conducted by the Brazilian Ministry of Finance shows a primary Central Government deficit of USD 49.3 billion, up from a prior projection of USD 46.2 billion.
The magazine specialized in architecture and design did a feature on the organization’s new headquarters in São Paulo, which was designed by architect Ruy Ohtake.
Brazil’s dollar outflow surpasses inflow in USD 2.6 billion last month, according to the Brazilian Central Bank (BC).
The Extended National Consumer Price Index (IPCA) went back up again after a deflation in June and now stands at 1.43% year-to-date and at 2.71% year-over-year, the lowest since February 1999.
