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”
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 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”
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”
In the first week of May, industrial production figures were disclosed, showing the Brazilian economy is still fragile, in addition to foreign sector accounts, which are the one bright spot at this current moment. Continue reading “The weekly roundup: Your go-to guide for the economic events you may have missed in Brazil”
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”