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28/07/2017 at 11:58h

Economy uncertainty declines in July

Index by Fundação Getulio Vargas declined 6.5 points this month over June and stood at 136 points. Uncertainty, however, remains high.

24/07/2017 at 19:02h

IMF reports improved forecast for Brazilian economy

The Fund revised its forecasts from April’s World Economic Outlook and now estimates a 0.3% GDP growth in Brazil this year, against the previous 0.2%. To Latin America, the numbers worsened but are stronger than 2016’s.

21/07/2017 at 15:37h

External accounts with its best result of last ten years

In the first six months, Brazil registered a surplus of USD 715 million in current transfers. The results were impacted by the balance of trade, which had a surplus of USD 35 billion.

20/07/2017 at 15:04h

Preliminary figures show 0.18% deflation

July’s results of the Extended National Consumer Price Index -15 (IPCA-15) represents the sharpest negative variation for the month since 2003.

18/07/2017 at 13:17h

GDP up 0.49% over three-month period

A survey conducted by FGV shows that Brazil’s economy grew in the three months through May from the three months ended February. Year-on-year, GDP was unchanged.

17/07/2017 at 13:02h

Inflation forecast drops for 5th time

The median of estimates for whole-year 2017 inflation rate from financial market players declined to 3.08%. In 2018 inflation is expected to be 4.19%, according to the Brazilian Central Bank’s Focus bulletin.

14/07/2017 at 18:26h

IMF: UAE’s economy to grow stronger

A report from the International Monetary Fund shows that economic activity will gradually gain strength over years to come with projects for Expo 2020 and some recovery in oil prices.

14/07/2017 at 13:54h

Economic activity down 0.5% in May

The Brazilian Central Bank’s Economic Activity Index declined month-on-month, but climbed by 1.4% year-on-year.

13/07/2017 at 16:13h

Gulf retail sector to present sustained growth

A report by investment bank Alpen Capital brings a forecast of a 4.6% average growth per year, with revenues to reach USD 313 billion in 2021.

13/07/2017 at 13:28h

Services sector shrinks 4.4%

The decline took place from January to May in comparison to the same period of last year.

12/07/2017 at 16:15h

Retail sales go up

Sales increase 4.5% in May over the same month of 2016. Growth forecast was revised up, from 1.2% to 1.6%.

12/07/2017 at 07:00h

Arab countries see 25% increase in FDI

The region was targeted by USD 30.8 billion worth of foreign direct investment last year. The United Arab Emirates was the number one destination.