Brazilian general price inflation falls for the first time in nine months

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The general price index (IGP-DI) recorded by the Getulio Vargas Foundation (FGV), dropped by 0.38% in March, after a rise of 0.06% in February – the first decrease since June 2016.

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Service activity declines in Brazil despite new business increasing

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The tough times in Brazil continue according to the Markit Brazil Services Business Activity Index, which reported another contraction in output across the sector in seasonally adjusted terms. Continue reading “Service activity declines in Brazil despite new business increasing”

Consumer confidence falls for the first time in two months in March, reports CNI

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Consumer optimism receded in the last month of the quarter, breaking the sequence of two months of gains.
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The market expects interest rates to fall to 8.75% by the end of the year, Focus Report reveals

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The financial market estimates IPCA inflation below 4.5% and higher cuts to the basic interest rate, the Central Bank of Brazil’s Focus Bulletin disclosed. Continue reading “The market expects interest rates to fall to 8.75% by the end of the year, Focus Report reveals”

The week ahead in Brazil – stay up to date with all the economic releases from April 4 until April 8

6812481635_ed463ae1fa_z (1) Although the schedule is not as heavy as last week, investors are hoping there will be increased signals that the Brazilian economy is turning a corner. Below is the full schedule of economic releases in Brazil from Monday, April 4 to Friday, April 08 (all times are local). 

Continue reading “The week ahead in Brazil – stay up to date with all the economic releases from April 4 until April 8”