Estimation covers 12-month period that ended in January. Foundation says that December and January results could signal ‘subtle stability in economic activity’.
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Brazilian bus manufacturer delivered 14 unities to the UAE in February and has other orders for 80 vehicles for the Middle East. With a favorable exchange rate, business was resumed after three years.
The surplus is the result of last week’s USD 3.33 billion in exports and USD 2.502 billion in imports.
This is the estimation made by analysts of the financial institutions for price rising this year. Again they lowered the number, which was at 7.59% last week.
The Brazilian Central Bank’s index that measures the performance of the economy declined in January over December. Over the same month in 2015, the decline was more abrupt with 6.7%.
Revenues from Brazilian sales to Arab countries reached USD 865.5 million last month. The biggest increases were in sugar and maize.
São Paulo state government will hold, on April 18th, a fair in the capital for the recruiting of immigrants. Registrations are open for those interested in offering posts.
Such was the decline in activity compared with January of last year, according to a survey from the Brazilian Institute of Geography and Statistics (IBGE).
An indicator released by think tank Fundação Getulio Vargas shows a 12.3 point decline in Brazilian industry intentions to invest this year.
Worldwide imports increased by only 1.7% in 2015, according to preliminary World Bank data. The preceding year had seen 3% growth. The downturn was prompted by commodity prices and weaker demand from China.
A survey from the Brazilian Institute of Geography and Statistics (IBGE) shows that output was up in eight out of 14 areas in January 2016 from December 2015.
Brazil’s Extended Consumer Price Index climbed 0.9% last month, down from 1.27% in January.
The United States currency closed this Tuesday selling for BRL 3.738, a 1.45% drop over Monday. The São Paulo Stock Exchange index Ibovespa was down 0.29%.
As Brazil’s economy grapples with recession, José Roberto Mendonça de Barros said in a lecture at the Arab Chamber offices that businesses must redouble their export efforts.
