Measure was adopted to ensure the domestic supply. Benefit granted by the Foreign Trade Chamber will remain in effect until August 15th and to the limit of one million tonnes.
Browsing: Economy
Expenditure on international travel amounted to US$ 2.266 billion in May, the highest sum ever for the month. Brazil is running a US$ 40 billion current account deficit year-to-date.
The indicator for the city of São Paulo reached its lowest level ever in May, at 113.6 points, according to retail federation FecomercioSP, down 5.1% from April.
Watch in this episode: The new building of the HCor Hospital named after Doctor Adib Jatene; Ambassador Paulo Cordeiro is the Arab Chamber Personality 2014; the Apas supermarket exhibition; and the city of Fortaleza.
Dollar inflows have exceeded outflows by US$ 540 million month-to-date through June 13th in Brazil, as per information from the Brazilian Central Bank.
European manufacturer should launch new plane later this year and is testing it for hot weather in the United Arab Emirates.
Airline from Abu Dhabi transported 93,600 tonnes of goods in the last two months, joining the top-ten rank of largest air cargo operators in the world.
The funds will be used for boosting exports, especially those by small and medium businesses.
Estimate for 2014 was presented by Foundation Getúlio Vargas. Year-to-date through May the trade balance posts a deficit of US$ 4.85 billion.
In the second week of June, Brazil posted a US$ 873 million surplus as a result of US$ 4.704 billion in exports and US$ 3.864 billion in imports.
Index measured by Brazil’s National Confederation of Industry stood at 47.5 points in June, the lowest score since January 2009.
Analysts have revised down from 1.44% to 1.24% the growth estimate of Brazilian economy this year, according to the Focus bulletin of the Brazilian Central Bank.
High interest rates and inflation have caused the index to decline in June from May, according to the National Confederation for Trade.
Sales from Brazil to Arab countries were down 9.5% year-to-date through May and in May alone. Shipped volumes of the leading products dropped, including poultry, ores and sugar.
