The Focus survey, conducted by the Central Bank, shows that financial market professionals have revised their Brazilian economy growth estimate down from 3.4% to 3.3% in 2012.
Browsing: Economy
The city in Minas Gerais is a garment production hub and makes products like pyjamas, short dolls, robes and night gowns. From there, 240,000 items made by small companies are shipped each year.
This is the third time the National Petroleum, Natural Gas and Biofuel Agency fines the North American company for a leak in Campos Basin.
Guará, in Santos Basin, has estimated reserves of 2.1 billion barrels of oil, according to the state-owned oil company. The organisation considers it one of Brazil’s largest oil fields.
The hydroelectric power plant should end the year with production of 92.23 million megawatts hour. This is the fourth greatest figure in history of the mill, on the border between Brazil and Paraguay.
In the first 11 months of this year, 46.28 million people crossed the terminal. In November, the passenger movement was 4.4 million, growth of 8.9%.
This evaluation is by the president of the Brazilian Association of Listed Companies, Antonio Castro. In 2011, the market value of listed companies dropped US$ 114 billion.
The fund praises the Arab country’s macro-economic figures and estimates GDP growth of 5.5% this year, but recommends efforts to reduce unemployment, currently at 24.4%.
The institute also informs that the rhythm of growth of state investment is due to elections, that is, there is growth in an electoral year and reduction in the following year.
Up to December 23, the outflow of foreign currency from Brazil exceeded the inflow by US$ 2.1 billion.
The index measured by Getúlio Vargas Foundation rose from 110.7 points in November to 101.8 in December. This was the first growth this year.
Report Serasa Experian on Economic Perspectives signals expansion of the Brazilian GDP in the first quarter of 2012. In the latter months of 2011 there was stagnation.
The Brazilian electric energy company invested US$ 4.3 billion up to November. The total should reach US$ 4.8 billion by the end of the year.
The report shows that the African nation made important structural reforms in 2011, but needs to generate more jobs and reduce poverty.
