Browsing: Economy

Finance sector analysts approached by the Brazilian Central Bank increased their forecast for growth of the Brazilian economy this year, from 4.50% to 4.60%. GDP expansion in 2012 remained at 4.5%.

Producers from the interior of Bahia sell sweets made from umbu to Austria, France and Italy. And they have organized themselves to win other markets abroad.

Last year, industrial activity in São Paulo had the next-to-best level in eight years, second only to 2004. To the Federation of Industries, the sector has returned to its pre-crisis activity levels.

Revenues from Brazilian foreign sales reached US$ 1.74 billion last year. Although the performance was better than in 2009, the figure was still lower than in 2008.