Brazil: Government raises inflation forecast for 2022 from 6.6% to 7.9%
The Ministry of Economy raised from 6.6% to 7.9% the projection for inflation this year, driven by higher food prices...
May 19, 2022Topic
Inflation Brazil
Brazilians lived better under Lula da Silva, but were robbed, says Bolsonaro
RIO DE JANEIRO, BRAZIL - On May 16, Brazilian President Jair Bolsonaro (PL) said he agreed that the Brazilian population...
May 17, 2022
Consumption in Brazilian homes grows 2.59% in the quarter
Consumption in Brazilian homes increased 2.59% in the first quarter of the year, according to the National Consumption
May 13, 2022
Brazil: To curb inflation, government zeroes import tax on food
the Brazilian federal government announced it would zero the import tax rate on seven categories of food products.
May 12, 2022
Brazil’s new Minister of Mines and Energy wants to privatize Petrobras
The new Minister of Mines and Energy, Adolfo Sachsida, will commission studies on the privatization of Petrobras
May 12, 2022
Brazil’s public debt level to rise by US$113 billion, with Selic at 13.25% -newspaper
The cost of Brazil's public debt is expected to increase by R$580.1 (US$113) billion in 12 months, with the prime...
May 11, 2022
Brazil’s Bolsonaro fires Minister Bento Albuquerque over high diesel prices
After challenging the Brazilian president with another diesel price hike, the bosses of state-owned Petrobras are now getting a short...
May 11, 2022
Central bank estimates Brazilian inflation at 7.3% in 2022 -Copom minutes
RIO DE JANEIRO, BRAZIL - Brazil's Central Bank (BC) estimates that inflation will be 7.3% at the end of 2022,...
May 10, 2022
Brazil’s government to further cut import duties to contain prices
The government is considering a new round of import tax cuts. The idea is to make a general cut of...
May 9, 2022