Government incentives drive 7.3% rise in car sales in Brazil
The Brazilian automobile industry witnessed a significant boost in car sales with a 7.3% surge in June, thanks to a...
July 4, 2023Topic
economic news Brazil
Microsoft and BBChain collaborate on platform for simulating operations with Brazil’s digital currency
Brazilian startup BBChain has partnered with technology giant Microsoft to create a virtual environment for simulating operations with Brazil's central...
July 3, 2023
Brazil’s public debt fell to US$1.2 trillion in May
According to data released by the National Treasury on Wednesday (28), the federal public debt in Brazil reached R$6.01 (US$1.2)...
June 29, 2023
Brazilian Senate reaffirms commitment to central bank autonomy and rejects concerns
Rodrigo Pacheco, President of the Senate, reassured that the autonomy of the Central Bank would be safeguarded, countering any doubts...
June 28, 2023
Brazilian inflation forecast: IPCA-15 declines to 0.04% in June
The inflation forecast reveals that the Broad National Consumer Price Index 15 (IPCA-15) experienced a decrease to 0.04% in June,...
June 27, 2023
Brazilian Central Bank considers possible cut in key interest rate in light of falling inflation
The Central Bank of Brazil has indicated that if the ongoing disinflationary trend continues, it may consider revising the country's...
June 27, 2023
Brazil and Argentina establish joint development plan
Brazil and Argentina have formally announced adopting a joint development plan to strengthen their strategic alliance.
June 27, 2023
Brazilian consumer confidence hits highest level since 2019, driven by expectations and durable goods
Brazil's Consumer Confidence Index (ICC) has surged to its highest level since February 2019, according to the Brazilian Institute of...
June 26, 2023
Brazilian Central Bank under increased pressure for interest rate reduction
In Brazil, the Central Bank is weighing its monetary policy options in the face of growing calls for interest rate...
June 21, 2023