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17/01/2018 at 14:46h

Families’ consumption intent up

An index from Brazil’s National Confederation of Trade increased in January. Nevertheless, its score remains lower than the so-called ‘zone of indifference,’ which shows consumers are cautious.

12/01/2018 at 14:42h

Services activity up 1% in November

Five out six subsectors saw growth, as per a survey by the Brazilian Institute of Geography and Statistics (IBGE), including services rendered to households, information/communication and tourism.

10/01/2018 at 15:12h

Official inflation the lowest since 1998

Brazil’s Extended National Consumer Price Index ended 2017 up 2.95%, down from 6.29% in 2016.

09/01/2018 at 19:29h

World Bank changes up global GDP growth forecast

The institution sees the world’s economy widening by 3.1%, following stronger-than-expected growth in 2017. Forecasts regarding Brazil, the Middle East and North Africa have also changed for the better.

09/01/2018 at 15:18h

Retail sales picked up in November

Sales were up 0.7% from October and 5.9% year-on-year, the Brazilian Institute of Geography and Statistics (IBGE) said.

09/01/2018 at 15:06h

Inflation index slid 0.42% in 2017

Think tank Fundação Getulio Vargas’s IGP-DI was driven by wholesale prices, which dropped by 2.52% last year.

08/01/2018 at 14:47h

Inflation, GDP forecasts from banks down

As per the Brazilian Central Bank’s Focus Bulletin, financial market players polled expect 3.95% inflation and 2.69% economic growth this year.

07/01/2018 at 07:00h

Economic outlook positive for Algeria

A survey showed that the majority of business owners in the country are optimistic regarding the next 12 months, and that companies are prone to investing.

03/01/2018 at 15:09h

President enacts budget

Brazil’s 2018 Budget Law provides for a USD 47 billion deficit and works with a 2.5% Gross Domestic Product (GDP) growth estimate.

02/01/2018 at 19:01h

Saudi, UAE introduce value-added tax

On January 1st, both countries started applying an unprecedented 5% Value-Added Tax (VAT). The goal is to offset losses stemming from weaker oil revenue.

29/12/2017 at 10:27h

Brazilian retail to grow 1.8%

A forecast from the São Paulo Trade Association shows commerce increased in Brazil in 2017 and will pick up further as 2018 begins.

28/12/2017 at 12:45h

Economic uncertainty up in December

The indicator climbed 0.8 point in December from November, the Brazilian Institute of Economics at Fundação Getulio Vargas (FGV) said this Thursday (28).