{"id":57018,"date":"2017-04-25T16:00:00","date_gmt":"2017-04-25T18:00:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/overseas-spending-by-brazilians-up-50\/"},"modified":"2019-06-30T12:47:38","modified_gmt":"2019-06-30T15:47:38","slug":"overseas-spending-by-brazilians-up-50","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/overseas-spending-by-brazilians-up-50\/","title":{"rendered":"Overseas spending by Brazilians up 50%"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Expenditure by Brazilian travellers in other countries reached USD 1.53 billion in March, the Brazilian Central Bank reported this Tuesday (25). The result is up 18.5% from USD 1.291 billion in March 2016. First-quarter spending amounted to USD 4.469 billion, up 50.4% from USD 2.972 billion in Q1 2016. <\/p>\n<p>The head of the Central Bank&rsquo;s Economic Department, Tulio Maciel, said the spending hike was the result of a &ldquo;more favorable exchange rate&rdquo; and of improved consumer confidence. &ldquo;Over the last few months we have witnessed a gradual recovery of confidence. This constitutes a stimulus to consumption,&rdquo; he said. <\/p>\n<p>Expenses incurred by non-Brazilians in Brazil reached USD 650 million in March and USD 1.846 billion in Q1. As a result, the international travel account showed a USD 880 million deficit last month and a USD 2.623 billion deficit in Q1. <\/p>\n<p>Preliminary data for the ongoing month indicate that international travel expenditure by Brazilians is still going strong. From April 1 to 20, USD 1.023 billion were spent, with spending by foreigners in Brazil stood at USD 313 million. At this rate, expenditure will have increased by 32% year-on-year at the end of April. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expenditure on international travel reached USD 4.47 billion in the first quarter of the year. The result was fueled by appreciation of Brazil\u2019s currency, the real.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-57018","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Expenditure on international travel reached USD 4.47 billion in the first quarter of the year. The result was fueled by appreciation of Brazil\u2019s currency, the real.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=57018"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57018\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=57018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=57018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=57018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}