Brazil’s current account surplus continues to rise
The Brazilian trade balance registered a US$4.2 billion surplus in August, slightly above financial market estimates.
September 1, 2022Topic
Brazilian Economy
Brazil’s public sector has primary surplus of US$3.9 billion in July, best result for the month in history
The consolidated public sector (Central Government, states, municipalities, and state companies, except for Petrobras and Eletrobras) had a primary surplus...
August 31, 2022
Booming Brazil’s foreign trade reaches global record GDP level
Brazil's trade flows, including exports and imports, reached 39% of GDP (gross domestic product) in 2021. This is the highest...
August 31, 2022
Brazilian market raises economic growth forecast to 2.1% in 2022
The Brazilian financial market raised its forecast for gross domestic product (GDP) growth in 2022 to 2.10 percent from 2.02...
August 30, 2022
“We don’t want the Chinese entering Brazil,” says Economy Minister
On Friday, August 26, Brazil's Economy Minister, Paulo Guedes, said he did not want the Chinese to enter Brazil and...
August 29, 2022
China’s economic slowdown could benefit steel in Brazil
The world market is seeing the slowdown in the Chinese economy as problematic since China is the second largest power...
August 26, 2022
Brazilian consumer confidence index reached a new high in August for the third month in a row
In August, Brazilian consumer confidence reached a new high on improved expectations for the coming months, the Getulio Vargas Foundation
August 25, 2022
Brazil’s listed companies’ profit falls 22% in second quarter
The net profit of Brazil's 352 listed companies fell 22.3% in the second quarter of the year compared to the...
August 24, 2022
Brazil’s surplus with China surges under Bolsonaro’s administration
Brazil's cumulative surplus with China since the start of Jair Bolsonaro's administration (Jan.2019-Jul.2022) is US$127.7 billion. It exceeds the amount...
August 24, 2022