This Tuesday’s Macro Fiscal bulletin shows a revised economic expansion estimate, from 0.81% to 0.85%.
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The average price hike forecast from Brazilian financial market players was down for the fifth week on end, from 3.59% to 3.54%.
IMF report shows that trade uncertainty may affect global growth in 2019, but in some regions, like the Middle East, it remains moderately low.
Last month saw lower price raises than July, IBGE reported.
Brazilian footwear exports to the United Arab Emirates hiked 86.4% in volume and 40.9% in revenue year-to-date through August from a year ago.
Ratings agency Standard & Poor’s said Expo 2020 is bound to drive economic growth in Dubai between 2019 and 2022
Company reported a production of 3 million barrels of oil and gas per day, a record high.
A poll of Brazilian banks this week shows that GDP is seen going up 0.87% in 2019, up from 0.80% as of last week.
Federal, states and local governments in Brazil had deficits in July, despite being the best result for the month since 2013.
Brazilian economy increased from Q1.
Arab country topped other African countries in the number and value of construction projects in 2018, according to a consulting firm Deloitte report.
The Maritime Transport Group (GATMA) reached an agreement with wheat and powder milk industry associations that provides for the use of Algerian-owned vessels in imports.
Brazil’s purchases of chemical products came out to USD 4.5 billion in the July, a significant increase from June.
Shipments to the region grossed USD 1.2 billion last month. It was the highest monthly result year-to-date.
