Brazil May Register the Lowest GDP Growth in 25 Years
A weekly survey conducted with bank analysts however shows a reduction in the annual inflation rate (IPCA), from 9.32 percent...
August 24, 2015Topic
inflation
Recession in Brazil Might Continue Until 2016
Analysts of the Brazilian economy have changed their forecast for 2016 for the first time to negative, assuming a contraction...
August 17, 2015
Over 1,000 Shops Have Closed in Rio de Janeiro Already This Year
The high price of rents and the worsening economy has led to the closure of 1,280 commercial establishments in Rio...
August 4, 2015
Selic Interest Rate Increased for the Seventh Time in Brazil
Brazil's benchmark interest rate, the Selic, has been increased for the seventh time in a row by the Central Bank's...
July 30, 2015
Brazil’s Inflation Forecast for 2015 Increased Once More
The forecast for the inflation in Brazil for 2015 has been increased again after data for June and July were...
July 22, 2015
Commerce in Brazil Registers Lowest Growth Since 2002
Commerce in Brazil grew by 2.6 percent between January and June of 2015 in comparison to the same period last...
July 8, 2015
Brazil’s Central Bank Increases Inflation Forecast for 2015
The rising inflation and country’s deteriorating economic situation has also led to a continuing increase of the unemployment rate.
June 25, 2015![]](https://www.riotimesonline.com/wp-content/uploads/2014/06/consumer-demand-declines-photo-e1420549622912.jpg)
Economic Indicators in Brazil Continue to Deteriorate
According to the survey analysts forecast increased inflation, deterioration in the country’s GDP and negative industrial production.
June 15, 2015
Interest Rates in Brazil Rise to 13.75 Percent
With rising inflation and unemployment, and declining production and economic activity, analysts predict a very hard economic year for the...
June 4, 2015