Confidence in the construction sector hits it highest level since 2015

The Construction Confidence Index (ICST) published by the Getulio Vargas Foundation increased by 75.1 points – the highest level since June 2015 when the index hit 76.2 points.  Continue reading “Confidence in the construction sector hits it highest level since 2015”

Consumer prices increase by 0.06% in Sao Paulo in the third reading of March

The Sao Paulo Consumer Price Index (CPI), measured by the Foundation for Economic Research (FIPE) increased by 0.6% over the second period of the month according to figures released this morning.  Continue reading “Consumer prices increase by 0.06% in Sao Paulo in the third reading of March”

Meat exports fall 19% in the 4th week of March as “meatgate” bites; but trade balance still positive

Brazilian meat exports dropped 19% to $50.5 million last week (from $62.2 million the week before), as the effects of alleged bribery of health inspectors began to be felt. Continue reading “Meat exports fall 19% in the 4th week of March as “meatgate” bites; but trade balance still positive”

Brazilian inflation expectations for 2017 drop to 4.12%, according to the Central Bank’s Focus Report

Brazilian inflation projections for this year continue to fall, according to the Central Bank’s focus report. Continue reading “Brazilian inflation expectations for 2017 drop to 4.12%, according to the Central Bank’s Focus Report”

Brazilian consumer confidence hits its highest level since the end of 2014, says FGV

The Getulio Vargas Foundation’s (FGV’s) Consumer Confidence index rose 3.5 points in March, reaching 85.3 points – its highest level since December 2014.  Continue reading “Brazilian consumer confidence hits its highest level since the end of 2014, says FGV”