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13/06/2017 at 15:23h

Retail sales up 1%

The volume increased in April from March after dropping for two straight months. Nominal revenue climbed by 1.3% month-on-month.

12/06/2017 at 15:05h

Inflation, GDP projections revised down

The Brazilian Central Bank’s Focus Bulletin, a poll of financial institutions regarding the economy, shows that the annual inflation expectation dropped to 3.71% and the GDP growth forecast eased to 0.41%.

07/06/2017 at 19:05h

Foreign investment to grow 5%, says UNCTAD

The UN agency estimates that the global flow will reach USD 1.8 trillion this year and USD 1.85 trillion in 2018, still short of the record-breaking USD 1.9 trillion of 2007.

05/06/2017 at 14:12h

Market sees GDP climbing 0.5%

Economic growth expectation went up as per the Focus Bulletin, a weekly poll of banks issued on Monday (5). Respondents also expect inflation to drop.

03/06/2017 at 07:00h

IMF praises Algeria’s actions in face of low oil prices

The Fund’s report highlights the measures taken to balance the government’s finances and improve the business environment in the country.

01/06/2017 at 13:22h

GDP up 1% in first quarter

Buoyed by agriculture and livestock farming, Brazil’s Gross Domestic Product increased for the first time after two straight years of quarter-on-quarter drops. In the 12 years through March, GDP slid by 2.3%.

31/05/2017 at 13:44h

Unemployment reaches 14 million people

The unemployment rate reached 13.6% in the three-month period ending in April, according to data made public by the statistics institute IBGE. The number of unemployed rose 23.1% year-over-year.

30/05/2017 at 18:28h

Economic uncertainty up in Brazil

An indicator from think tank Fundação Getulio Vargas increased by 9.3 points in May from April, after dropping for several months on end.

26/05/2017 at 16:13h

Gulf retail market could be 25% bigger by 2021

Sector turnover is expected to reach USD 313.2 billion within four years. Growth will be driven by expansion of the economy and the population, as well as tourism.

26/05/2017 at 13:49h

Brazil ran primary surplus in April

The USD 3.934 billion surplus is the highest for an April since 2015, according to the Central Bank. The first four months of the year saw a primary surplus of USD 4.604 billion.

23/05/2017 at 19:03h

UAE investor mood improves

An index from the First Abu Dhabi Bank shows that the outlook of major investors in the United Arab Emirates has improved this month. Tourism and a stable currency are fueling their optimism.

19/05/2017 at 17:21h

IMF forecasts 0.2% growth for Brazil

The International Monetary Fund is expecting the Brazilian economy to grow marginally in 2017 and then for growth to pick up to 1.7% in 2018.