Out of the 15 locations tracked by IBGE, ten saw industrial production increase in April from March.
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The Arab country imported 1.1 million pairs from Brazil year-to-date through May, up 96% year-on-year.
The estimate regarding the Public Investment Fund (PIF) is from the Institute of International Finance. The amount could increase to USD 400 billion by 2020.
Brazilian banks expect the economy to grow by 1% in 2019, the 15th straight downward revision of the estimate.
IPEA Gross Fixed Capital Formation Indicator (FBCP) increased from March, but declined year-on-year.
An office opened in the emirate’s oil industry zone, and a refinery is slated for construction.
Output reached 276,000 units in May, up 30% from a year ago. Industry employees declined 1.8% year-on-year.
External purchases reached USD 2.82 billion year through April, a 11% year-on -year decline.
World Bank resources will finance reforms, balance the budget, and boost growth and job creation in the country, which suffers from the high cost of energy and a large inflow of Syrian refugees.
The Bank has revised down its forecast for Brazilian GDP growth this year in 0.7 percentage point, to 1.5%.
Forex flow in Brazil was positive in May, with inflows exceeding outflows by USD 346 million.
External food trade operations to consume during the month of the Islamic calendar weighted 1.5 million tons in Q1.
Total output was 3.314 million barrels of oil equivalent, a 1.7% increase over March and 0.3% year-over-year.
IMF report shows positive shows positive figures on the Arab country, such as a 2.6% GDP growth projection this year, against 2018 2.2%. Qatar achieved fiscal consolidation, despite lower oil prices, according to the fund.
