Tag: Brazilian industry

• Thursday, October 3rd 2013 - 21:46 UTC

  Brazil industry production unexpectedly stalls in August

  

  Brazilian industry production unexpectedly stalled in August, as factories reduced the output of consumer goods. Industrial output was unchanged in August after tumbling a revised 2.4% in July, the national statistics agency said in Rio de Janeiro.

• Thursday, September 26th 2013 - 06:39 UTC

  Brazilian industry forecasts higher GDP growth this year: 2.4%

  

  The Brazilian industrial federation on Wednesday upped its 2013 growth forecast to 1.4% from 1% and its GDP growth projection from 2% to 2.4%. But, despite the better data, the National Confederation of Industry (CNI) urged caution. “The improved economic outlook is no guarantee of a strong growth rate,” it said.

• Monday, August 1st 2011 - 06:21 UTC

  Brazil ready to announce 30bn dollars tax relief for industry

  

  Brazil is prepared for the event of a United States default if no agreement is reached in the US congress on the debt ceiling and will also implement a 30 billion dollars tax relief program to prop Brazilian industry competitiveness, announced Finance minister Guido Mantega.