Such was the hike in 2018/2019 from the preceding fiscal year, driven by the petroleum industry. The administration expects industry to be a major driver of GDP growth this year.
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Sales of the Brazilian government bonds to natural persons USD 464 million in January, a year-on-year decrease.
Financial institutions polled by the Brazilian Central Bank expect inflation to be 3.20% this year in Brazil, down from last week’s 3.22% estimate.
Partnership with the Energy Research Office aims at connecting opportunities in the energy industry to potential investors and businesspeople.
GDP was up in 2019, driven by investment and household expenditure, Fundação Getulio Vargas’ GDP Monitor report shows. The index is not the official GDP.
Brazil’s economy grew year-on-year in 2019, as per the Brazilian Central Bank’s Economic Activity Index.
A survey from the Brazilian Institute of Geography and Statistics (IBGE) shows that the growth was driven by computing and communication services.
At the end of his mission to the UAE, Doria announced the investment from UAE funds to São Paulo-based companies expected for the next 18 months that resulted from the trip. Viação Itapemirim closed an investment of USD 500 million.
Last year Brazilian retail trade grew from a year before, but percentage was lower than the one posted in the two previous years.
Such was the result as of the end of 2019. The country is working to get its finances in order amid a volatile oil market.
Prices are seeing going up 3.25% in Brazil this year, as per a Brazilian Central Bank poll of financial institutions. The number is lower than that of last week.
The Qatari airline’s CEO said the company is considering doubling its interest in the Chilean company created by a merger of Chile’s LAN and Brazil’s TAM.
The rate is the lowest for the month since the implementation of Plano Real in 1994.
Ministry of Infrastructure believes that the money will be invested over the next five or six years through concessions.
