The country registered a current account deficit of USD 3.4 billion in July. However, foreign direct investment increased to USD 4 billion in the month.
In this month, the Extended National Consumer Price Index-15 (IPCA-15) stood higher in comparison to July, when there was a deflation of 0.18%. Year-to-date, the IPCA-15 stands at 1.79%.
Sales to the region fetched USD 1.1 billion in July, up 14% year-on-year. Egypt was the top buyer in the month. Year-to-date through July, sales increased by 15% to USD 7.16 billion.
The expo at the Syrian capital is taking place for the first time since 2011. The Brazilian stand is hosting four companies, two from the cosmetics sector and two from the pharmaceutical sector.
In July, 8.07 million passengers went through the aiport’s terminals, up 5.9% over the same month of 2016. The previous record, set in January this year, was 8.04 million passengers.
The IMF expects a growth of 2.3% for the country’s GDP this year, below the 3% of last year’s. Lower oil prices brought forth many consequences to the economy and the need of a fiscal adjustment.
An index from think tank Fundação Getulio Vargas climbed 1.5 point to 92.3 in its August preview. Industrialists’ present and future outlooks have improved.
Over 500 items including necklaces, earrings, rings and bracelets built by students from a school created with Brazilian cooperation in Algeria are featured at the FIEMG gallery and at mine Mina Du Veloso, in Ouro Preto.
The event with the organization’s CEO, Michel Alaby, was set to August 24, but it was postponed. He will talk about “How to negotiate with the Arab countries” at the Federation of Industries of the State of Goiás, in Goiânia.
Exports from Brazil reached USD 4.1 billion, with imports coming out to USD 2.8 billion in the third week of August.
Financial market experts believe that the Extended National Consumer Price Index (IPCA) will end 2017 at 3.51%, according to a bulletin by the Brazilian Central Bank (BC). It’s the fifth time the forecast is revised up.
Brazil’s economy shrank in Q2 over Q1 according to the GDP Monitor, a survey conducted by think tank Fundação Getulio Vargas.
The president of the organization’s Council, Walid Yazigi, will launch new editions of this works ‘Building Technique’ and ‘Gastronomy Glossary’ on August 29 in São Paulo.
Casa Niemeyer (the Niemeyer House), in Brasília, is featuring a showing of photographs taken by the UK’s Jason Oddy of the buildings designed by the Brazilian architect in Algiers and Constantine.
