Consumer demand in Brazil increased by 16.7% from February and 14.9% from March of last year.
Bulletin from the Central Bank shows financial analysts’ inflation forecast for this year: 8.13%. The prior estimate was 8.2%.
The state welcomed 1.1 million visitors last year, 30% of whom were foreigners. Arabs do not come in large numbers, but there are plans to attract them.
Arab countries imported from Brazil the amount of US$ 246.3 million in Q1, an increase of 2.22% over the same period of last year.
Director-general of the agency says that the number of people unemployed or working informally can rise due to the economic slowdown.
The Fund’s assessment is that the country’s economy is experiencing a delicate moment, but should start recovering towards the end of this year and rebound into growth as early as 2016.
Exhibition takes place from May 27th to June 1st. The Ministry of External Relations plans to send companies from the agricultural equipment, industrial machinery and food sectors. They have until April 30th to register.
Brazil’s National Supply Company (Conab, in the Portuguese acronym) expects 200.7 million tons of grain to be harvested in 2014/2015, up 1.1% from last month’s forecast.
Artists from Egypt, Lebanon and Algeria have their works in exhibition at SP-Arte fair, which is open until Sunday in São Paulo. Works can be purchased.
The credit rating agency has kept the country’s sovereign rating at BBB, but downgraded its outlook from stable to negative.
Percentage was measured during December, January and February and it’s the highest since the period of March to May in 2013.
Brazilian exports to the countries of the region went up 4.7% in March over the same period of 2014. To Saudi Arabia, the amount increased 20%.
The event Outlooks of the Brazilian Economy, scheduled for April 14th, was postponed, with a new date to be set.
Over 3 million bags were shipped from Brazil, an all-time high for the month. Revenues reached US$ 552 million, up 24%.
