Weekly pool of analysts shows Brazilian GDP growth estimate of 1.44% for this year. Last week, estimate was 1.5%.
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Surplus was the result of Brazilian exports of US$ 5.322 billion and imports of US$ 4.596 billion last week.
Survey by Serasa Experian shows a 0.8% increase in Brazilian retail sales last month, as against 1.6% in April.
The decline took place in May from April, according to the Central Bank. In the 12-month period ended May, prices were up 14.07%.
According to monthly results released by the Brazilian Institute of Statistics, production was down 0.3% from March 2014 and 45.8% from April 2013.
The minister of the General Secretariat of the Presidency, Gilberto Carvalho, said the World Cup is fuelling the economy of the municipalities that will host matches, the international crisis notwithstanding.
Revenues were up 2.7% in April from March and down 4.6% April-on-April, as per a survey from Brazil’s National Confederation of Industry.
Surplus is due to Brazilian exports of US$ 20.752 billion and imports of US$ 20.040 billion. Both operations declined last month.
The Dubai-based airline has drafted its new director-general for Brazil from the ranks of its Arab rival. The executive is assuming the position 10 days short of the FIFA World cup, which Emirates sponsors.
Estimate was disclosed by Petrobras chairwoman Graça Foster. By 2020, output should reach 4.2 million barrels per day.
While justifying the growth of mere 0.2%, Brazilian minister of Finance Guido Mantega has also blamed it on the low expansion of other economies and scarce credit.
The expansion was over previous quarter. In relation to Q1 2013, the increase was 1.9%, according to the IBGE.
According to the Eclac, the region was targeted by US$ 184.9 billion in 2013. Brazil was the leading target country and accounted for 35% of the total amount invested.
Savings to pay interest on public debt amounted to US$ 13.23 billion from January to April. Target was only reached due to payment of dividends by state-owned companies to the Treasury.
