Brazil posted a USD 1.2 billion surplus in May, the second monthly positive result back-to-back. The balance of trade was a major factor.
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Expenditure by Brazilian travellers in foreign countries reached USD 1.113 billion last month. Foreigner spending in Brazil climbed to USD 434 million.
The event, organized by Brazil-Lebanon Cultural Center, will offer typical snacks and desserts as prepared by Brazilian families, games for the kids and dancing.
According to study by the institute of statistics, there is an excessive concentration of energy generation, distribution and logistics in Brazil’s Southeast, South and parts of the Midwest.
Dyogo Oliveira, minister of Planning, said that the measure that allows for foreign carriers to own Brazilian airlines could benefit routes to smaller cities.
There was a price slowdown in June with a 0.4% inflation rate, less than half the rate registered in the previous month. Data are from the IPCA-15, an estimation of the official inflation rate.
Mergers and acquisitions fueled global performance. Brazil slid four positions in the ranking over 2014 and was the world’s eighth leading FDI target. The Arab countries saw a combined influx of USD 42.3 billion.
Nations of the bloc applied 21 restrictive measures per month since October 2015. It’s the highest monthly level since the organization started to monitoring the issue in 2009.
Indicator measured by the National Confederation of Industry went up in Q1 of this year over the end of last year. But there was a slowdown in the surge of costs.
The Brazilian trade balance registered a surplus of USD 974 million last week, which drove June results to a surplus of USD 2.35 billion.
The increase in demand for loans by Brazilian consumers was registered from April to May and, according to consulting firm Serasa Experian, was due to Mother`s Day.
A weekly poll of economists by the Brazilian Central Bank, the Focus Bulletin reveals that prices are expected to have hiked by 7.25% at the end of this year, while GDP is now seen shrinking less than last week.
ECosmetics from Bahia is in the process of going global and working on a distribution center for its hair products in the United Arab Emirates. The facility is set to open before the year is through.
Sales to the region stumbled 18.6% in revenues last month over the same period of 2015. Products that carry significant weight in the trade balance, such as ore and sugar, declined in sales.
