Supermarket Sales in Brazil Drop 1.61 Percent Last Month
Sales figures in Brazil from the supermarket sector fell by 1.61 percent in February compared to January of this year,...
March 30, 2016Topic
Economy
Easter Sales Register Worst Results Since 2007 in Brazil
Sales registered a decline by 9.6 percent as stores gave discounts of 30 to 50 percent on chocolate eggs to...
March 29, 2016
Brazilian Government Forecasting R$96.7B Deficit for 2016
Due to the deterioration of the economy and the steep decline in revenues officials now believe in a deficit in...
March 25, 2016
Unemployment Rate in Brazil Reaches 7.6 Percent in January
The rate for January is the highest for the month since 2009.
February 26, 2016
Moody’s Downgrades Brazilian Sovereign Credit to Junk
The company was the last of the three large risk-rating agencies to lower Brazil’s credit ratings.
February 25, 2016
Brazilian Tourists Spend 62 Percent Less Abroad in January
With the depreciating currency and new tax, foreign expenses by Brazilians traveling abroad decreased their spending by 62 percent.
February 24, 2016
GM Reported to be Reassessing Investment Plans in Brazil
In 2015 General Motors announced investments of R$6.5 billion in Brazil, investments which are now waiting for an improvement in...
February 23, 2016
Brazilian Government Announces Billion Dollar Budget Cuts
The largest cuts are to be seen in the Ministries of Mines and Energy, Education and Health.
February 22, 2016
Retail Sales in Brazil Register Worst Results Since 2001
Due to the deterioration of the economy, the sector registered last year the worst decline in sales in 14 years,...
February 16, 2016