Brazil reports record trade surplus in September

Thursday, October 5th 2023 - 10:59 UTC

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Thanks to lower fuel imports and improved grain harvest results, Brazil's Ministry of Development, Industry, Trade, and Services this week announced a trade surplus of $8.904 billion for September 2023, a 51.2% improvement over the same month last year, Agencia Brasil reported. Read full article

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no time for you
Official report just “missed” to mention that aside from the Russian diesel shipments halt imposed by Mr.Putin, trending of weak imports of goods due to consumers' buying power even after 1% interest rates cut by central bank may continue, regardless of year end's “peak season” of retail sales... other strong “fear sign” is from retail car sales who maintained discounts after tax incentives ended in order to sustain at least a stable pace and avoid inventories growth until Fiscal year end in December... Public debt just growing (R$ 45 billion accrued up to June 2023 as per public officials - https://www.gov.br/fazenda/pt-br/assuntos/noticias/2023/julho/governo-central-registra-deficit-primario-de-r-45-22-bilhoes-em-junho-de-2023)...
Oct 05th, 2023 - 12:22 pm - Link - Report abuse +2
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Brasileiro
Stop crying. Accept that it hurts less.
Oct 05th, 2023 - 02:09 pm - Link - Report abuse -2
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