Browsing: Economy

The funds should be turned to the sector in Brazil up to 2014, according to a study by the Brazilian Development Bank (BNDES). The demand for containers should boost part of the investment.

In February, 274,153 new vehicles were sold, as against 220,957 in the same month of last year. Total production increased by 18.7% in February, at 310,657 vehicles manufactured.

The Brazilian per capita Gross Domestic Product, which indicates the average wealth generated by each person, reached 19,016 reals (US$ 11,448) last year, according to a survey conducted by the IBGE.

The Gross Domestic Product (GDP), the sum of all goods and services produced in the country, posted growth of 7.5 % in 2010 compared with the previous year. It is the highest rate since 1986.

Brazilian output grew 6.3% in January compared with the same month of 2010, but declined by 2.65% compared with December, due to halted production at some rigs.

The figure was recorded from February 1st to 25th. According to the Central Bank, spot market dollar purchases have raised the Brazilian foreign exchange reserves by US$ 7.166 billion.