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”

The weekly roundup: Your go-to guide for the economic events you may have missed in Brazil

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In the second week of May, consumer inflation came in lower than expected, retail sales declined and service sector data remains depressed. Continue reading “The weekly roundup: Your go-to guide for the economic events you may have missed in Brazil”

The week ahead in Brazil – stay up to date with all the economic releases from May 01 until May 05

6812481635_ed463ae1fa_z (1)It is another holiday-shortened week here in Brazil and one that is rather thin with top-line data releases. The main highlights are the Markit Manufacturing PMI and the Balance of Trade on the first day of the week, the next day brings industrial production and, on the final day, car sales. Below is the full schedule of releases in Brazil from Monday, May 01 to Friday, May 05 (all times are local). 
Continue reading “The week ahead in Brazil – stay up to date with all the economic releases from May 01 until May 05”

Bank lending increased during March by 0.2%, says Central Bank

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The value of loans in Brazil increased 0.2% in March compared to R$3.076 trillion, according to data released by the Central Bank. In the 12-month measure, there was a contraction of 2.7%. Continue reading “Bank lending increased during March by 0.2%, says Central Bank”