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Macro

23/01/2017 at 15:20h

Market revises down inflation forecast

Estimate by financial institutions are approaching the established inflation target center. In the Focus Bulletin of this Monday (23), forecasts on the benchmark interest rates were also revised down.

20/01/2017 at 20:23h

Brazil lost 1.3 million jobs in 2016

The number of formal jobs, with registered employees, declined 3.33% last year in comparison to 2015.

18/01/2017 at 20:28h

IMF praises reforms on Arab countries

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The Fund’s executives gave positive assessments on the direction of economic policies in Egypt and Saudi Arabia.

18/01/2017 at 15:39h

Household consumer intent declines

The indicator, measured by the National Commerce Confederation for Goods, Services and Tourism, declined 1.7% in January.

17/01/2017 at 18:07h

Kuwait’s economy earns positive assessment

IMF states that the country is able to ‘mitigate’ the impact of lower oil prices and that non-oil sectors continue to expand.

17/01/2017 at 17:31h

UN projects modest global recovery, and a shallow one in Brazil

Report by the organization signals a stability of global GDP rather than sustainable recovery. In the country, unemployment, fiscal adjustment and indebtedness inhibit growth.

17/01/2017 at 07:00h

IMF revises down growth forecast for developing countries

The estimate for the growth of the Brazilian economy in 2017 was cut in 0.3 percentage point to 0.2%. Saudi Arabia growth estimate was cut in 1.6 percentage point to 0.4%.

12/01/2017 at 15:57h

Services activity goes up slightly

Performance of the sector in Brazil registered a 0.1% increase from October to November 2016. Year-to-date until November, however, it declined 5%.

11/01/2017 at 20:10h

Brazilian Central Bank cuts interest rates to 13%

Decision by the Monetary Policy Committee (Copom) was unanimous. The 0.75 percentage point cut is the deepest since 2012.

11/01/2017 at 13:49h

2016 inflation rate was 6.29%

The Extended National Consumer Price Index (IPCA) stood below the target center established by the Brazilian Central Bank (BC). Official inflation rate was lower than in 2015 and 2014.

10/01/2017 at 20:01h

World Bank expecting a rebound by global economy

The bank forecasts a 2.7% growth in 2017 against 2.3% in 2016. In Brazil, the recession is likely to end, and the Arab countries are expected to post a stronger performance.

09/01/2017 at 15:47h

Retail has sharpest decline in 16 years

According to consulting firm Serasa Experian, number of consumers in stores throughout Brazil fell 6.6% over 2015.