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Finance

15/01/2018 at 21:19h

Market forecasts 3.95% inflation

The Focus Bulletin released this Monday (15) by the Brazilian Central Bank includes a lower price hike expectation and a likelihood of stronger GDP growth.

11/01/2018 at 16:00h

Brazilian named central bank governor of the year

Ilan Goldfajn won an award from Britain’s The Banker magazine in the Global and Americas category. He’s the first Brazilian Central Bank executive ever to win the accolade.

04/01/2018 at 20:08h

Development Bank infrastructure disbursements up 13%

The Brazilian state-run bank supplied USD 6.09 billion in credit to projects in this sector last year.

29/12/2017 at 11:10h

Corporate insolvency up 3.7%

Data from credit bureau SPC Brasil and retail managers association CNDL shows debt in arrears by companies is increasing, albeit slower than it did last year.

28/12/2017 at 14:07h

Brazilian government posts primary deficit

Federal, states and local governments in Brazil posted a combined USD 275 million deficit in November.

22/12/2017 at 12:49h

Consumer confidence dropped

An index from think tank Fundação Getúlio Vargas dropped 0.4 point in December from November to 86.4.

20/12/2017 at 13:26h

Overseas spending hits USD 1.5 billion

Brazilian citizens spent 32.5% more during international trips last November than a year ago. Expenditure was the highest for the month since 2014.

19/12/2017 at 18:50h

Development Bank disbursements down 20%

Loans from Brazil’s BNDES came out to USD 18.5 billion from January to November this year. Agriculture loans were the only ones to increase year-on-year.

19/12/2017 at 18:34h

Saudi Arabia expects narrower fiscal deficit

The country should see revenue go up in 2018, thereby leading to not as negative a result as this year’s, even though expenditure is also poised to climb.

18/12/2017 at 12:31h

Inflation estimate from banks down

Brazilian financial market players expect prices to have increased by 2.83% by the end of this year, down from 2.88% as of last week’s forecast.

14/12/2017 at 12:40h

Brazil’s 2018 budget set at USD 1 trillion

The National Congress approved next year’s budget on Wednesday evening. A special election campaigns fund will account for USD 513 million out of the total amount.

11/12/2017 at 13:05h

Banks’ inflation forecast eases anew

Financial market players see this year ending with a 2.88% rate, down from a prior 3.03% estimate. Expected economic growth edged up from 0.89% to 091%.