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

CentralBank

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

18739180033_e52a59d37c_z

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 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”

Default rates in Brazil increase in March, the first rise in seven months

11707921855_fb0f3508f7_z.jpg

Defaults on loans in Brazil had a slight increase in March – the first time in seven months according to the Central Bank, as the effects of the recession continue to bite. Continue reading “Default rates in Brazil increase in March, the first rise in seven months”

Inflation to end the year at 4.04% in Brazil – Focus Report

18739180033_e52a59d37c_z

Brazilian financial analysts surveyed by the Central Bank of Brazil reduced their expectations for the Broad Consumer Price Index in 2017. Continue reading “Inflation to end the year at 4.04% in Brazil – Focus Report”

The week ahead in Brazil – stay up to date with all the economic releases from April 24 until April 28

6812481635_ed463ae1fa_z (1)The last week of April is upon us and, after two holiday-shortened weeks, there is a full agenda of releases. The highlights at the start of the week are tax collection and external data. Mid-week there will be loan data and after the IGP-M inflation print. The week closes with the unemployment rate. Below is the full schedule of releases in Brazil from Monday, April 24 to Friday, April 28 (all times are local). Continue reading “The week ahead in Brazil – stay up to date with all the economic releases from April 24 until April 28”