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MercoPress, en Español

Montevideo, April 18th 2024 - 17:21 UTC

Tag: IBGE

  • Saturday, March 2nd 2024 - 10:50 UTC

    Brazil: IBGE announces economy grows 2.9% in 2023

    “Agriculture grew by 15.1% last year, pushed by the growth in soybean and corn production,” IBGE's Rebeca Palis said

    According to a report released Friday by Brazil’s Institute of Geography and Statistics (IBGE), the gross domestic product (GDP) in South America's largest country grew by 2.9% in 2023 driven by a record 15.1% expansion in the agricultural sector. It was the most significant leap since the beginning of the series in 1995. Industry (1.6%) and services (2.4%) also saw an improvement.

  • Friday, February 9th 2024 - 10:47 UTC

    Brazil's CPI 0.42% up last month

    Airline tickets fell in January, which drove inflation downward

    According to Brazil's IBGE statistics bureau, inflation last month in South America's largest country reached 0.42% for an accumulated 4.51% year-on-year. These results were driven mainly by increases in the prices of food, Agencia Brasil explained. January's figures were lower than the 0.56% recorded by the Broad National Consumer Price Index (IPCA) in December.

  • Thursday, November 17th 2022 - 19:09 UTC

    Unemployment drops in Brazil

    Unemployment went down in six Brazilian states and remained stable in the rest, IBGE's report showed

    According to the Quarterly Continuous National Household Sample Survey (PNAD) released Thursday by Brazil's Institute of Geography and Statistics (IBGE), the unemployment rate in the third quarter of this year went down from 9.3% to 8.7% overall from the previous quarter, thanks to drops in six states: Paraná (-0.8 %), Minas Gerais (-0.9 %), Maranhão (-1.1%), Acre (-1.8%), Ceará (-1.8%) and Rondônia (-1.9%).

  • Thursday, September 15th 2022 - 19:20 UTC

    Brazil's economic activity going up, Central Bank index shows

    The positive results were recorded even though coffee production registered a significant drop, the IBGE reported

    Brazil's economy jumped 1.17% in July from June's figures, according to the Central Bank's Economic Activity Index (IBC-Br) released Thursday based on seasonally adjusted data.

  • Saturday, April 9th 2022 - 07:33 UTC

    Brazil's overall crop expected to reach 258,9 million tons

    The previous record had been in 2020 when Brazil produced 255.4 million tons of cereals, pulses and oilseeds.

    IBGE, the Brazilian Institute of Geography and Statistics cut the country's cereals, pulses, and oilseeds output estimate. According to the Statistics of Agricultural Production, conducted in March, Brazil will harvest an output of 258.9 million tons in 2022, 1% below (2.7 million tons less) than anticipated in February.

  • Tuesday, March 8th 2022 - 09:36 UTC

    Brazilian economy expanded 4,6% in 2021, despite a 0,2% contraction of agriculture

    Service sector activities thrived in 2021, particularly transport, storage, and shipping (11.4%). Communications increased (12.3%), driven by internet and IT development.

    Contrary to foreign forecasts from multilateral organizations forecasts, Brazil’s Gross Domestic Product (GDP) ended 2021 with a 4.6% growth, totaling 8.7 trillion (about US$ 1,7 trillion at the current rate). The country managed to recover from the slowdown of 2020 when the Brazilian economy shrank 3.9% because of the pandemic.

  • Thursday, September 2nd 2021 - 08:54 UTC

    Brazil's GDP suprisingly 0,1% in the red

    The foundations are being laid for the country's sustainable growth in the long term, Guedes said

    Brazil's Gross Domestic Product (GDP) contracted 0.1% in the 2nd quarter of 2021, the Brazilian Institute of Geography and Statistics (IBGE) reported Wednesday.

  • Wednesday, January 13th 2021 - 09:11 UTC

    Brazilian 2020 inflation 4,5%, but food prices skyrocketed 14,1%

    The annual rate of 4.5% in December was higher than the central bank's year-end goal of 4.00%. It was also the highest inflation for a calendar year since 2016

    Inflation in Brazil ended 2020 at 4,5% the stats agency IBGE revealed on Tuesday, above the central bank's target, with food prices rising, 14,1%, the most in two decades.

  • Saturday, January 9th 2021 - 09:49 UTC

    Brazil industrial production rose for seventh consecutive months in November

    Production rose a seasonally adjusted 1.2% in November and increased 2.8% from the same month a year earlier, IBGE, said on Friday.

    Brazil's industrial production rose for the seventh consecutive month in November, boosted by the output of motor vehicles and clothing. Production rose a seasonally adjusted 1.2% in November and increased 2.8% from the same month a year earlier, the Brazilian Institute of Geography and Statistics, or IBGE, said on Friday.

  • Thursday, November 12th 2020 - 09:26 UTC

    Brazil forced to import rice to help keep domestic prices down given the expected smaller crop

    Brazil’s rice production is expected to shrink and the challenge will be to limit exports in order to supply domestic demand and contain domestic prices.

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