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Montevideo, February 4th 2023 - 08:15 UTC

Tag: Brazil's economy

  • Saturday, November 3rd 2018 - 07:57 UTC

    Brazilian manufacturing activity and staff hiring expanded in October

    Brazilian goods producers hired additional staff at the beginning of the fourth quarter in the midst of attempts to stimulate production

    Manufacturing activity in Brazil expanded in October as strong demand prompted firms to increase payrolls for the first time in three months, bolstering the outlook for a steady economic recovery. The Purchasing Managers' Index calculated by research firm Markit rose to 51.1 from 50.9 in September, holding above the 50 threshold separating a contraction from an expansion for a fourth straight month.