Brazil Central Bank raises SELIC benchmark interest rate to double digits
The 8th consecutive increase in the SELIC, in line with forecasts, comes as Latin America’s biggest economy struggles through a...
February 3, 2022Topic
Soaring inflation
Brazil’s industrial output up in December
Production rose a seasonally adjusted 2.9% in December for the first time in 7 months, and fell 5.0% from the...
February 3, 2022
CNI Survey: 70% of Brazilians say the economy is bad or terrible
A survey conducted by the National Confederation of Industry (CNI) shows that 7 out of 10 Brazilians consider Brazil's current...
December 10, 2021
Brazilian stock exchange heading toward worst global performance in 2021
A strong deterioration in the Brazilian economy's fundamentals is paving the way for the Brazilian stock market to close the...
December 6, 2021
Brazil inflation distorts prices of basic consumer goods, which vary up to 500% between stores – CNC
A survey of the price of 15 basic consumer items, including food, hygiene and cleaning products, shows a difference of...
October 1, 2021