Tag: Brazil economy

• Tuesday, April 28th 2020 - 06:54 UTC

  Brazil industrial confidence crashed to its lowest level in April

  

  Brazilian industrial confidence crashed to its lowest level on record in April, a survey showed as the lockdowns and sudden halt to swathes of activity lashed Latin America’s largest economy.

• Tuesday, February 11th 2020 - 07:55 UTC

  Brazilian January inflation at its lowest driven by sharp decline in meat prices

  

  Brazilian inflation kicked off the year on a soft footing, official figures showed, as the IPCA consumer price index posted its smallest January increase since the country’s “Real Plan” was launched more than a quarter of a century ago.

• Friday, November 29th 2019 - 09:26 UTC

  Primary budget surplus during October in Brazil but nominal deficit stands at 6% of GDP

  

  Brazil’s public finances improved in October, Treasury figures showed on Thursday, as a seasonally expected monthly surplus helped reduce the government’s overall deficit this year and keep it on track to come in below target.

• Wednesday, October 2nd 2019 - 09:48 UTC

  Brazilian industrial production rose in August at its fastest pace in over a year

  

  Industrial production in Brazil rose in August at its fastest pace in more than a year, official figures on Tuesday showed, a sign that Latin America’s largest economy may slowly be turning a corner after flirting with recession earlier in the year.

• Friday, August 30th 2019 - 09:43 UTC

  Brazil economy rebounds in second quarter spurred by construction and industrial production

  

  Brazil’s economy rebounded strongly in the second quarter after having shrunk in the first, official figures showed on Thursday, indicating Latin America’s largest economy comfortably avoided falling back into recession.

• Tuesday, August 13th 2019 - 21:13 UTC

  Feeble domestic demand linked to Brazilian economy's performance on the verge of recession

  

  Brazil likely fell into recession in the second quarter according to a key gauge of economic activity that comes as policymakers grapple with high unemployment and weak investments as well as a global slowdown.

• Friday, August 9th 2019 - 10:41 UTC

  Brazil’s July 12-month inflation 3.22%, and below the 4.5% target

  

  Brazil's inflation rate in July was 0.19%, the lowest rate recorded for that month since 2014, the Brazilian Institute of Geography and Statistics (IBGE) said on Thursday.

• Wednesday, June 19th 2019 - 09:40 UTC

  Brazilian pensions' reform faces new challenges

  

  The Brazilian government’s plans to overhaul its pension system can still be saved if lawmakers reverse changes to transition rules and concessions to legislative aides, according to Economy Minister Paulo Guedes.

• Wednesday, June 19th 2019 - 09:29 UTC

  Petrobras makes huge natural gas discovery in the Sergipe basin

  

  Brazilian state-run oil firm Petrobras has made natural gas discoveries in six deep-water fields in the Sergipe Basin, it said in a regulatory filing on Monday.

• Thursday, June 13th 2019 - 08:52 UTC

  Fiscal reforms crucial for Brazil's economy recovery, says the Central bank

  

  The Brazilian economy’s ability to emerge from its current funk and return to “more robust” levels of growth largely hinges on the approval and implementation of fiscal reforms, the central bank’s deputy governor said in London.