In the first week of the month, the balance results stood negative in US$ 50 million. Imports and exports are still dropping in comparison to 2014.
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In 2014, the country reached the 16th position in a United Nations ranking and is the highest placed African country. Tanger-Med Port helped improve the country’s rating.
Journalists Paula Quental and Joel Santos Guimarães are set to begin publishing this Friday on their new solidarity economy-oriented blog Solidare.
In February, 200,000 units were manufactured, 28.9% less than in the same month of last year. Exports, however, increased 9.2%.
The rate of foreign goods sold on the Brazilian market was 22% last year. In industry, the share of imported inputs was 24%.
Index that measures the prices of primary products with international rates increased 4.97% last month, after dropping 5.14% in January.
United States dollar outflows from Brazil exceeded inflows by US$ 1.4 billion in the month, mostly as a consequence of financial operations.
Auto sales posted the worst February since 2008, according to the National Federation of Distribution of Motor Vehicles.
In January, Brazil produced 96.6 million cubic meters per day, a historical achievement. Oil extraction stood at 2.469 million daily barrels.
The deficit reached US$ 2.842 billion in February, pushing the year-to-date deficit to US$ 6.016 billion. Trucker protests prevented cargo from being loaded towards the end of the month.
Banking institutions polled by the Central Bank believe the benchmark interest rate will be 13% by the end of the year, i.e. 0.75 percentage point higher than the current rate.
The industry confidence index measured by Fundação Getulio Vargas reached 83 points in February. The January score had been 85.9.
Developed by the Brazilian Micro and Small Business Support Service (Sebrae) in Santa Catarina state, Programa Exporta SC prepares small and medium-sized businesses for the foreign market.
The January surplus shrank 20.2% from January 2014 to US$ 3.6 billion, according to the Brazilian National Treasury Department.
