Brazil’s federal, states and local governments registered last month a primary deficit of USD 3.47 billion, up from USD 3.3 billion in March 2016.
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Brazil’s National Treasury, Social Security and Central Bank ended March on the worst down note since record-keeping began in 1997.
The organization opened its new headquarters in an event Wednesday evening. Guests and authorities were presented to the two floors that were designed by the architect and city planner Ruy Ohtake.
An index that tracks the prices of goods sold by industry edged up in March. In February and in March of last year, there was deflation.
Revenue from capital goods sales from Brazil to other countries reached USD 945 million in March, a significant increase over February. Quarter one numbers also increased.
According to the National Federation of Industry (CNI), there was a strong and widespread surge in activity last month from February.
Expenditure on international travel reached USD 4.47 billion in the first quarter of the year. The result was fueled by appreciation of Brazil’s currency, the real.
The third week of April saw exports reach USD 4.320 billion with imports amounting to USD 2.551 billion, according to the Ministry of Industry, Foreign Trade and Services. The resulting surplus was USD 1.769 billion.
The Brazilian Electricity Regulatory Agency held an auction that resulted in concessions to construction, operation and maintenance of electricity transmission lines and substations in 20 states.
In March, Brazil’s external and domestic debt totaled BRL 3.2 trillion (USD 1.02 trillion) according to data made public by the National Treasure.
The Brazilian mining company’s pelletizing plant in Sohar produced 2.4 million tons from January to March, down 3.7% from the last quarter of last year.
The projection is from the country’s government, which also forecasts that exports will increase by 8%.
The country is hoping to increase the sector’s relevance to trade balance numbers in decades to come, according to a ministerial secretary. In 2015, services accounted for a meager 1.91% of foreign sales.
Brazil’s National Federation of Trade reports that consumption plans by families were down 0.5% in April from March.
