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 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”

General Price Inflation falls to its lowest level since June 1989, say FGV

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The General Market Price Index (IGP-M) fell 1.10% in April after stability in March (0.10%) according to the Getulio Vargas Foundation. Continue reading “General Price Inflation falls to its lowest level since June 1989, say FGV”

Brazilian construction costs fall during April against the previous month, reports FGV

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The National Index of Construction Costs (INCC-M) fell 0.08% in April, after increasing 0.36% in March, according to the Getulio Vargas Foundation (FGV). Continue reading “Brazilian construction costs fall during April against the previous month, reports FGV”

Brazilian consumer confidence retreats in April compared to the previous month, reports FGV

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Consumer confidence in Brazil fell 3.1 points in April from March, in seasonally adjusted terms, reports the Getulio Vargas Foundation (FGV). Continue reading “Brazilian consumer confidence retreats in April compared to the previous month, reports FGV”

Confidence in the construction industry hits the highest level in two years, reports FGV

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Construction sector confidence improved for the second consecutive month, reaching its highest level since April 2015, according to the Getulio Vargas Foundation (FGV). Continue reading “Confidence in the construction industry hits the highest level in two years, reports FGV”