Browsing: Economy

The volume increased in April from March after dropping for two straight months. Nominal revenue climbed by 1.3% month-on-month.

Brazilian banks polled by the Ministry of Finance estimate that the so-called Central Government will run a BRL 142 billion deficit this year. As of May, a BRL 148 billion deficit was expected.

The Brazilian Central Bank’s Focus Bulletin, a poll of financial institutions regarding the economy, shows that the annual inflation expectation dropped to 3.71% and the GDP growth forecast eased to 0.41%.