Foreign sales by the Brazilian auto industry were up 19.7% from June, but down 32.2% from July last year, according to the National Motor Vehicle Manufacturers Association (Anfavea).
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There was an 11.7% increase in July from June. July on July, the demand is down 10.2% due to the current economic scenario.
It was the fourth straight month of decline, according to the National Confederation of Industry. The rate of use of installed capacity was the lowest since April 2009.
The UN agency believes Latin American countries should grow by 2.2% this year. The prior forecast was 2.7%.
Financial institutions analysts revised down once again the growth estimate for Brazilian economy in 2014.
International Monetary Fund claims that political problems in the neighbouring country are affecting Lebanon and notes that revising electricity tariffs and broadening the tax base can potentially balance spending.
Data from the IBGE shows a decline of 1.4% from May and of 6.9% from June last year.
By September, 25 airlines will be flying internationally in new concourse at the airport.
The Consumer Expectation Index was up 3% in July from June, as per a survey from the National Confederation of Industry.
Federal, state, municipal governments and state-owned companies posted a combined deficit of US$ 937.39 million in June for the second consecutive month. In May the negative balance was at US$ 4.93 billion.
Brazilian industry exports amounted to US$ 6.6 billion in the first half, an all-time high for the period.
The result in June was the worst ever for the month, with a deficit of roughly US$ 870.7 million posted by the National Treasury, Social Security and Central Bank. In the first half, the surplus declined by 50.1%.
Dollar outflow surpassed inflow by US$ 4.68 billion in Brazil by July 25th.
The idea behind ‘Fashion Beyond Summer’ will be worked upon by the Brazilian industry abroad. The objective is to include ‘quality’ to the image of Brazilian products, commonly associated with happiness, beaches and landscapes.
