The sum paid by public and private companies to 84.7 million workers, retirees and pensioners in Brazil will be 10.1% higher than last year, according to the Inter-Union Department of Statistics and Socioeconomic Studies (Dieese).
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An International Monetary Fund mission visited the Arab country and recommended an adjustment on expenditure in order to avoid imbalance in the local budget. Current account deficit should grow by 10% this year.
Daily oil output was 2.36 million barrels, up 12.6% from September 2013. In September from August 2014, production increased by 1.4%.
In Brazil, the sector grossed 0.8% more than it did in August. Use of installed capacity and the number of hours worked also grew during the month.
It was the worst result for the month of October since 1998. Exports grossed US$ 18.3 billion and imports amounted to US$ 19.5 billion.
An agreement will allow importers and exporters from both countries to make and receive payments in Brazil’s real or Uruguay’s peso, without the need for foreign exchange contracts.
Brazilian financial institutions see a 0.24% growth for the country’s economy this year. Last week, the estimate stood at 0.27%.
An IMF delegation says the Arab country’s economy is growing and should perform well over the next few years. Growth, however, relies on iron ore prices and investments.
A thousand small businesses in Brazil will benefit from an agreement between Sebrae and the National Confederation of Industries. Priorities include machinery and equipment, chemicals and oil and gas, among others.
Brazilian people’s perception of the economy improved for the second month straight, according to the National Confederation of Industry.
The Brazilian mining company incurred US$ 1.437 billion in losses in quarter three this year, notwithstanding an increase in sales.
A maker of ceramic items in Brazil’s Minas Gerais state already has customers in Europe and the United States, and is setting her sights on increasing sales to other countries.
The country ranks 120th in the World Bank’s list of countries with the most ease of doing business. The survey measures aspects such as access to credit, to electricity, starting a business etc.
Revenues from taxes and contributions amounted to US$ 36.1 billion in September, an all-time high for the month. Tax revenues were up 0.92% from September of last year.
