Consumer inflation in Sao Paulo slows in the second reading of May, reports FIPE

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The Consumer Price Index, which measures inflation in the city of Sao Paulo, rose 0.30% in the second reading of May, according to data published by the Foundation for Economic Research (FIPR). This was against the first reading of May of 0.58%. Continue reading “Consumer inflation in Sao Paulo slows in the second reading of May, reports FIPE”

Consumer inflation increased in the second measure of May due to higher electricy bills says FGV

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Inflation, as measured by the weekly Consumer Price Index (CPI-S), had a slight uptick from 0.26% to 0.30%, in the first to the second reading of May, according to the Getulio Vargas Foundation (FGV). Continue reading “Consumer inflation increased in the second measure of May due to higher electricy bills says FGV”

Brazilian trade balance remains in surplus during the second week of May

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The Brazilian trade balance was in a surplus of $2,038 billion in the second week of May (from the 8th to the 14th), according to data released by the Ministry of Industry, Foreign Trade and Services (MDIC). Continue reading “Brazilian trade balance remains in surplus during the second week of May”

The Central Bank of Brazil’s proxy activity index drops in March in comparison to February

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After increasing 1.37% in February, the Brazilian economy lost strength in March, falling by 0.44% according to the Central Bank’s Economic Activity Index (IBC-Br), in seasonally adjusted terms. Continue reading “The Central Bank of Brazil’s proxy activity index drops in March in comparison to February”

Economists expect inflation to dip below 4.0% in 2017, while forecast GDP increases to 0.50% – Focus Report

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Economists surveyed by the Central Bank of Brazil cut inflation forecasts below 4% for the first time this year. Continue reading “Economists expect inflation to dip below 4.0% in 2017, while forecast GDP increases to 0.50% – Focus Report”

The week ahead in Brazil – stay up to date with all the economic releases from May 15 until May 19

6812481635_ed463ae1fa_z (1)The second week of May kicks off with the Central Bank’s growth proxy, the IBC-Br, forecast to remain in the red as the recession continues to bite. Next will be the CNI’s Business Confidence Index – it is hoped there will be a small increase. In addition, there will be employment and the Industrial production data. Below is the full schedule of releases in Brazil from Monday, May 15 to Friday, May 19 (all times are local).  Continue reading “The week ahead in Brazil – stay up to date with all the economic releases from May 15 until May 19”