Tag: Brazilian economy

• Thursday, April 25th 2019 - 09:29 UTC

  Brazil: Investors fearful of reaction to pension reform next steps in congressional debate

  

  Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government’s struggle to build support for its signature reform policy.

• Thursday, April 18th 2019 - 08:22 UTC

  Minister says pension reform will pass within four months, helping the Brazilian economy to grow by 3.5%

  

  Brazil's economic growth may accelerate to a 3.5% annual rate in the second half of the year after the approval of pension reforms, Economy Minister Paulo Guedes said in an interview with TV channel Globo news.

• Friday, April 12th 2019 - 09:11 UTC

  Brazil inflation 0.75% in March and 4.58% in twelve months

  

  Brazil's inflation rate hit 0.75% in March, the fourth straight month of increases and the highest for the month since 2015 when it registered 1.32%, Brazil's National Institute of Geography and Statistics (IBGE) said on Wednesday.

• Thursday, April 4th 2019 - 09:30 UTC

  Brazilian economy picking up but employment remains flat

  

  Growth in Brazilian economic activity picked up to its strongest in over a year in March, driven by solid increases in domestic new orders across both the manufacturing and services sectors, IHS Markit Insight said on Wednesday.

• Thursday, March 28th 2019 - 09:27 UTC

  Foreign companies in Brazil becoming impatient with the government of Bolsonaro

  

  Swiss pharmaceutical company Roche said this week it will stop producing medicines at its Rio de Janeiro unit in Brazil, a new blow to a country whose economy appears to be in its most sluggish decade in 120 years. Roche said the move will take place within the next five years because that factory is not financially sustainable.

• Saturday, December 1st 2018 - 10:24 UTC

  Brazilian economy accelerates in the third quarter

  

  The Brazilian economy accelerated sharply in the third quarter as record-low interest rates and a one-off government-led boost helped it bounce back from the impact of a nationwide truckers’ strike. Gross domestic product rose 0.8% from the second quarter and 1.4% from the third quarter of 2017, government statistics agency IBGE said on Friday.

• Wednesday, October 3rd 2018 - 08:28 UTC

  Brazilian markets surge on strong polling for extreme right Bolsonaro

  

  Brazilian markets surged on Tuesday as stronger polling for far-right presidential candidate Jair Bolsonaro and a Congressional farm caucus endorsement boosted expectations that he may block the leftist Workers Party from returning to power.

• Friday, September 21st 2018 - 08:42 UTC

  Brazil stocks lower but the Real currency recovered against the US dollar

  

  Brazil stocks were lower after the close on Thursday, as losses in the real estate, industrial and financial sectors sectors led shares lower. At the close in Sao Paulo, the Bovespa index lost 0.01%.

• Wednesday, September 19th 2018 - 08:28 UTC

  Brazilian economy recovering at snail pace: 1.19% in seven months of 2018

  

  Brazil's economy grew 0.57% in July from June, Brazil's Central Bank said citing the Economic Activity Index (IBC-Br). The data shows a second consecutive month of GDP growth in South America's largest economy.

• Thursday, September 6th 2018 - 09:04 UTC

  In Brazil, the Real and Bovespa stock index recovered slightly on Wednesday

  

  In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.