Although the data from the sector is still signaling low activity, survey shows that business owners’ negative forecasts have been decreasing.
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Analysts from the financial market revised their forecast for the fall of the Gross Domestic Product this year and it went from 3.54% to 3.60%, according to survey released by the Brazilian Central Bank.
Saudi Arabia went from 17th in January to 7th place in the first two months in the ranking of the largest importers of footwear produced in Brazil, according to data from the manufacturers’ association. Exports went up 29%.
In a lecture, Nelson Barbosa, Finance minister, also said that politics needs to help the economy and vice versa.
The country’s external sales totaled USD 169 million, an increase of 2.3% over the same month of last year.
In February, tax revenues totaled BRL 87.851 billion (USD 24.28 billion), a decline of 11.53% in comparison to February of last year.
Workshop at Sesc Taubaté, 138 km from São Paulo, will teach children how to prepare kibbe and ghraybeh cookies this Saturday (19). Event is part of activity about countries that will compete at Rio 2016 Summer Olympics.
Port operator based in Dubai had a profit of USD 883 million last year. However, operations in Brazil had a poor performance due to exchange rate variations.
Survey by the National Confederation of Industry reveals an improvement in the sector. There was a decline in pessimism and better numbers regarding employment.
Financial institutions surveyed by the Brazilian Central Bank worsened their estimation for the central government’s primary deficit this year, which previously signaled BRL 70.7 billion.
The president called as ‘speculations’ the possibility of changes in the economic team and the internal use of international reserves.
Dollar inflows overcame outflows in Brazil in USD 191 million until March 11.
Deficit stood at USD 15.5 billion in 2015, a decline of 18.6% over 2014. Exports went up while imports went down.
Survey of the statistics institute shows little variation from the third to the fourth quarter. In the last three months of 2014, however, rate stood at 6.5%.
