5/2/2015 - The economy of Brazil contracted by 0.2% y-o-y in the 4Q14, bringing GDP growth in 2014 to 0.2% y-o-y, the slowest since the 2009 recession. Private consumption increased by 1.3% y-o-y in the 4Q14, th... |
3/4/2015 - The Ministry of Finance announced plans to raise taxes on fuel, imports, credit and cosmetics in 2015, aiming to narrow the budget deficit and restore confidence among investors. The short-term effect... |
2/4/2015 - The value of Brazilian exports plunged 16.1% y-o-y in December. This marks the fifth consecutive decline in exports, which have been badly hurt by the currency and debt issues in Argentina, Brazil’s t... |
12/24/2014 - Brazil avoided a long recession after its GDP posted growth of 0.1% q-o-q saar in the 3Q14, following two quarters of negative quarterly growth. Growth was basically supported by higher government con... |
11/25/2014 - The real decreased 4.8% in October to 2.44 versus the dollar, falling to its weakest level since May 2005 on the back of expectations of lasting above-target inflation following elections in the count... |
10/29/2014 - In September, the Central Bank held its benchmark interest rate unchanged at 11.0% for the sixth month in a row. Inflation posted a 6.4% y-o-y increase in August, signalling the fourth consecutive mon... |
9/14/2014 - Data released late last month by Brazil’s national statistics agency showed a 0.6% GDP contraction in the 2Q, following a downward revision for the 1Q to -0.2% from a previous 0.2%. These two consecut... |
8/14/2014 - With the country’s economic growth showing consistent signs of a slowdown and elections approaching in October, more aggressive attempts to revive the economy have started to materialize. Aiming at in... |
7/30/2014 - Private consumption, the largest part of the GDP’s equation, exhibited a slower pace of growth at 2.2% y-o-y in 1Q14 compared to 2.5% in 1Q13. Real gross capital formation (GFCF) also showed worrisome... |
7/3/2014 - The country’s GDP grew by 0.2% in the 1Q14 compared to the last quarter of last year. This is half the q-o-q rate of expansion registered in the 4Q13. The slower growth was led by investment which fel... |
5/25/2014 - Exports from Brazil decelerated in April by 4.4% y-o-y. This marks the second drop in a row. At the same time, sentiment among consumers has shown further deterioration last month. The consumer confid... |
5/8/2014 - Exports from Brazil exhibited an 8.8% y-o-y decline last month to register the sharpest drop since February 2013. Consumer confidence, on the other hand, remained largely stable at a low level last mo... |
8/23/2013 - The government of Latin America’s biggest economy trimmed its forecast for this year’s economic growth from 3.5% to 3.0% last month. This official downward revision followed a disappointing annual gro... |
7/30/2013 - Brazilians‘ optimism about the state of their economy has shown a retreating trend since October 2012, as indicated by the consumer confidence index, which saw only a minor increase of 0.2 points in M... |
7/10/2013 - Petrobras announces that, as of mid-May 2013, it began applying the practice known as Hedge Accounting to its exports. ... |
6/19/2013 - Brazil’s fiscal policy is expected to become more expansionary with the country’s electoral cycle. Tax breaks, however, will hamper the primary surplus target achievement (currently set at 3.1% of GDP... |
5/25/2013 - Brazilian manufacturing production expanded in March by 1.0% y-o-y after falling in February by 0.8% y-o-y, reflecting higher volumes of incoming new work from both domestic and international clients ... |
4/23/2013 - National accounts data for 4Q12 has provided new information for us to change the GDP growth forecast for 2013 to 3.2%. GDP growth in 2013 assumes that private investment will accelerate due to lower ... |
3/29/2013 - After a weak 4Q, Brazil’s GDP grew by less than 1% in 2012. Our forecast that GDP growth will reach 3.2% in 2013 assumes that private investment will accelerate owing to a reduction in electricity tar... |
2/17/2013 - The industrial production index was been flat in its latest release. However, durable goods production has increased on a monthly basis in January compared to December 2012. Capital goods, on the othe... |