Index that assesses Brazilian economic evolution declined in January over December but grew compared to the same month of 2018.
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Decline published by IBGE was over last December. Compared to January 2018, however, activity picked up.
Twelve terminals were auctioned divided in three blocks in Northeast, Southeast and Central-West Brazil. Foreigners bought two lots.
Global port operator from Dubai grew by 19.8% in revenue and mentioned its terminal in the Brazilian coast as a positive factor for this result.
Brazilian industry activity decreased by 0.8% over December and 2.6% compared to January 2018, according to IBGE.
The first two months of the year saw 690,700 pairs of shoes shipped, up 167% from a year ago. Revenues came out to USD 4.57 million, up 117%.
Over 7 million people joined the celebrations in Rio de Janeiro.
Financial institutions are expecting the Brazilian economy to see 2.28% growth in 2019. The estimate is down than that of last week.
The first two months of the year saw a USD 810 deficit, up 11% from a year ago. Both exports and imports picked up.
Sales from Brazil to the region fetched USD 1.2 billion in the first month of 2019, up 18% from a year ago.
The Gulf country imported USD 990.4 million worth of goods worldwide in the first month of this year. Brazil ranks as its the fourth international supplier, as per data from Bahrain’s Information and eGovernment Authority.
Brazil produced on average 2.6 million barrels per day in the first month of 2019.
Dollar inflows outpaced outflows last month in Brazil.
UN body recommended that the Arab country adopts policy to boost foreign direct investment. Government is willing to adopt them.
