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Invest in Brazil News

  • IMF raises forecast for GDP growth in 2017

    Resume

    In a report, the international entity cites economic reforms and says that Brazil is close to a "turning point"

    Faced with the improvement of the economic environment, the International Monetary Fund (IMF) has raised the Brazilian economy's projection of growth from 0.2% to 0.3% in 2017 and said that the country is close to a "turning point".

  • Gross value of agriculture must reach R $ 536 billion

    Economic Projections

    The Ministry of Agriculture estimates that the harvest will be 240 million tons

    The Gross Value of Production (VBP) in agriculture and livestock production is expected to reach R $ 536 billion this year. The estimate was released by the Ministry of Agriculture, Livestock and Supply (Map), based on the projects of the grain harvest, which is expected to reach 240 million tons.

  • Law that modernizes the CLT is published in the Federal Official Gazette

    Work laws

    Changes in legislation become effective in 120 days; Measures will benefit the employee and give more security to employers

  • With clear rules, modernization creates environment for job creation

    Job

    Experts estimate that changes in labor legislation will warm the productive sector, benefit workers and unleash labor justice

  • Brazil created more than 403 thousand places for the disabled, according to the Ministry of Labor

    Job market

    Data related to the Annual Report of Social Information (Rais) show that 403,55 thousand new posts were created in 2015

    The labor market opened 403,255 new job vacancies for people with disabilities (MDC) in 2015, according to data from the Annual Social Information Raise (Rais), released by the Ministry of Labor, on Wednesday (12).

  • Minister goes to the US to discuss reopening of the meat market

    Business

    Blairo Maggi to Meet with United States Secretary of Agriculture to Discuss Resumption of Brazilian Meat Exports

    Agriculture Minister Blairo Maggi meets with US Secretary of Agriculture Sonny Perdue in Washington on Monday  to discuss the resumption of Brazilian beef exports to the United States.

  • Inflation for the elderly falls in the second quarter, says FGV

    Prices

    Main contribution to the fall came from the Housing group, whose rate went from 2.02% to 0.40% in the period

    The Consumer Price Index of the Elderly (IPC-3i), which measures the variation in the consumption basket of families mostly composed of individuals over 60 years of age, registered a fall of 0.87 percentage points in the second quarter of 2017 And remained at 0.50%. In the first quarter, the rate was 1.38%.

  • Projection of growth of retail sales rise to 1.6%, according to CNC

    Trade

    Extended retail revenue increased 4.5% in May and reached the best result since March 2015

    The National Confederation of Trade in Goods, Services and Tourism (CNC) revised its projected growth in retail sales in 2017 from 1.2% to 1.6%, following the result of the  Monthly Trade Survey (PMC) of the month Of May, released on Wednesday (12) by the Brazilian Institute of Geography and Statistics (IBGE).

  • Retail sales up in May, says IBGE

    Resume

    Sales volume of retail trade grew 4.5% compared to the same period last year, according to IBGE

    After 38 months of decline, retail sales increased again as the economic scenario improved. In May, retail sales volume grew 4.5% compared to the same period last year, according to data released on Wednesday by the Brazilian Institute of Geography and Statistics (IBGE)

  • Financing for the 2016/2017 harvest exceeds R $ 137 billion

    Business Agriculture

    Credit contracting was applied for costs, marketing, investments and industrialization, mainly of soy and maize

  • BB announces R $ 103 billion for 2017 and 2018 harvest

    Safra Plan

    The institution also announced the reduction of interest for the lines of costing, investment and commercialization of business agriculture


    On Tuesday (11), Banco do Brasil announced the allocation of R $ 103 billion to finance the 2017/2018 Safra Plan. Of this total, 91.5 billion in rural credit to producers and cooperatives and 11.5 billion to companies in the agribusiness chain. 

  • IBGE: industrial production rises in ten regions of the 14 surveyed

    Productive sector

    In May, Brazilian industry production continued to grow in most of the country and increased 4% compared to the same period of the previous year

    In another sign of strength of the productive sector, ten of the 14 sites surveyed by the Brazilian Institute of Geography and Statistics (IBGE) showed growth in industrial production from April to May.  

  • Petrobras reduces gasoline price by 2%

    Fuel

    With a policy of periodic adjustments, the state makes a new cut in fuel. Price changes at refineries as of Tuesday (11)


    For the third consecutive time in a week, Petrobras announced a new cut in the price of two fuels. As of this Tuesday (11), the diesel will be 1.7% cheaper in refineries, and gasoline, 2%. The information is on the company's website.

  • Market forecasts inflation and lower interest rates in 2017 and 2018

    Focus Bulletin

    Projections of analysts consulted by the Central Bank is that the IPCA 2017 ends the year at 3.38%

    For the sixth consecutive week, the financial market improved expectations for inflation in 2017. Analysts now bet that the Broad Consumer Price Index (IPCA) will end the year at 3.38%, compared to the previous estimate of 3 , 46%.

  • Balance has a surplus of US $ 1 billion in the first week of July

    Foreign trade

    In comparison with the first week of July last year, the country's average sales abroad grew by 4.3%

    The Brazilian trade balance was positive at US $ 1.045 billion in the first week of July. According to the Ministry of Industry, Foreign Trade and Services, the result of the period was formed by the difference between exports of US $ 4.055 billion and imports of US $ 3.010 billion. 

  • June's Esocial Guide Should Be Paid Until This Friday (7)

    DAE

    Payment can be made at a bank teller, in addition to lottery, internet banking and electronic channels

    Domestic employers may make payment of the Social Security Collection Document (EAD) referring to the jurisdiction of the month of June until this Friday (7)

  • Petrobras reduces diesel and gasoline prices by 0.5%

    Business

    Fuels were readjusted at the refinery. New prices become effective as of Friday (7)

    Petrobras announced on Thursday (6), but a cut in gasoline and diesel prices at its refineries. As of Friday (7), the price of the two fuels will retreat 0.5%. The information is on the company's website.

  • IPCA decelerates in June and marks first deflation in 11 years

    Inflation

    Since 2006, the country's official inflation did not register a negative variation

    Amid the stabilization of the economy, the country recorded a fall in prices (deflation) for the first time in 11 years. In June, the Broad Consumer Price Index (IPCA), which measures official inflation, declined by  0.23 %. This is also the best result for the month since the creation of the Real Plan in 1994.

  • Fies will have credit of R $ 250 million for worker

    Student financing

    Program will open 20 thousand vacancies to serve worker with a formal contract and register of beneficiary of the salary bonus

  • Senate approves bill to return precatórios not drawn to public coffers

    Public Accounts

    For minister of Planning, Development and Management, the measure will contribute to the fiscal adjustment

    The Federal Senate approved, on the night of Wednesday (5), the bill that cancels the payment of precatórios that are not withdrawn in up to two years. Precepts are values ​​owed by the Union, states and municipalities to citizens who have won lawsuits.

  • Ministry of Mines and Energy proposes reform of the electric sector

    Energy

    Proposal that improves the regulatory framework was released on Thursday (6) and will be in public consultation for 30 days

  • Senate speeds up work on labor modernization project

    Related searches

    Agreement between party leaders foresees voting on July 11. Proposal gives strength to collective bargaining, and makes contracting rules simpler

    By 46 votes to 19, the Federal Senate approved on Tuesday (4) the urgency requirement of the project that modernizes the Brazilian labor legislation. According to the schedule scheduled by the senators, the discussion on merit starts tomorrow (5) and ends next week.

  • With reforms and improvements in the indices, Brazil creates an environment for investments

    Resumption of growth

    Falling inflation and interest rates, improved levels of confidence and investment returns are part of the effects of government measures

  • Petrobras announces reduction of cooking gas price

    Reset

    In a statement, state officials explained that the measure is only valid for residential cooking gas