Brazil’s Extended National Consumer Price Index was at 0.35% last month, down from 0.78% in May, and drove H1 inflation to 4.42%; the rate was 6.17% in H1 2015.

The Fund`s executive board signed on an agreement that provides for the disbursement of USD 5.34 billion in three years. The goal is to help the country with its balance of payments.

Speaking at an international press conference, Brazil’s Leonardo Picciani said 9,000 National Security Force officers will be in Rio de Janeiro during the competition. According to him, 70% of tickets have been sold.

Brazil’s 2015/2016 season harvest will decrease in size as against 2014/2015, the National Supply Company (Conab) has reported. Soy and maize output dropped. The Statistics Institute also expects production to shrink.

The financial sector was the one responsible for the country`s forex deficit of USD 3.5 billion in June. Import and export-based operations registered a surplus of USD 3.9 billion.

Brazil’s Bebecê exports shoes and sandals to Saudi Arabia and the UAE. It ships product to 20 countries and has a goal of selling 190,000 shoe pairs to foreign countries this year.