Consumer inflation increased in the second measure of May due to higher electricy bills says FGV

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Inflation, as measured by the weekly Consumer Price Index (CPI-S), had a slight uptick from 0.26% to 0.30%, in the first to the second reading of May, according to the Getulio Vargas Foundation (FGV). Continue reading “Consumer inflation increased in the second measure of May due to higher electricy bills says FGV”

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

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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”

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”