The Extended National Consumer Price Index (IPCA) changed by 4.31%, above the Central Bank’s goal of 4.25%, but within its tolerance margin.
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Abicalçados reported a 0.9% decline in revenue and a 0.9% increase in volume shipped year on year. UAE were the 14th largest market of the year.
Decline occurred in November from October 2019 and broke a series of three months of growth, IBGE reported.
Exchange flow stood negative at almost USD 45 billion last year, breaking the record from 1999.
Company confirmed in a press release the decision to avoid trafficking in the region, which is a sea route for transporting oil and is at the Gulf’s entrance.
Brazilian manufactures association estimates sales at 3.05 million units. But exports are expected to decline.
Supported by Gulf Air’s route expansion, transportation and communication sector led growth at 6.4% year on year
Financial institutions polled by the Central Bank of Brazil estimate that the National Extended Consumer Price Index stood at 4.13% last year. The official index will be made public next Friday.
Brazilian president said that, although prices are high, they tend to remain stable, despite the US strike in Iraq last Friday.
Brazilian president said that the bombing in Baghdad, Iraq that killed Iranian military leader, will impact prices in Brazil but ruled out tabulation.
Since it was funded in 1961, the Kuwait Fund for Arab Economic Development financially supported 986 enterprises worth USD 20 billion.
Value apportioned in the budged to be invested is USD 5.5 billion, the lowest one since 2004.
Public accounts deficit is lower than a year ago but higher than last November.
The government of the emirate allocated a budget of USD 18.1 billion for 2020, considering expenditures to transforming Dubai into a smart city and supporting Expo 2020.
