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Invest in Brazil News

  • Agribusiness exports reach US $ 8.7 billion in March

    Foreign trade

    In comparison with the same period last year, there was an increase of 4.6%

    Agribusiness sales in the foreign market accounted for 43.5% of the total value of Brazilian exports in March. Overall, industry earnings totaled $ 8.73 billion. In comparison with the same period last year, there was an increase of 4.6%.

  • Banks announce reduction of interest rates after Selic cut

    Credit operations

    Financial institutions have lowered rates for loans and overdrafts. At Banco do Brasil, there was also a reduction in real estate credit

    After the Monetary Policy Committee (Copom) reduced the Selic rate to 11.25% a year , the major banks also decided to lower interest rates charged on loans to individuals and corporations.

  • Accord to treble car exports to Colombia

    International Market

    Car exports expected to go from 17,500 to 50,000 per year

    Brazil plans to treble its car exports to Colombia over the next three years. Sales, which are currently at 17,500 units per year, are expected to reach 50,000.

  • New programme will boost tourism and create jobs

    Tourism+ Brazil

    Tourism package aims to attract 12 million foreign tourists a year by 2022 and increase visitor revenue to US$ 19 billion

  • Meirelles: "Brazil is on the way out of its biggest recession in history"

    Economic Recovery

    Finance Minister explained what happened with Brazil's public accounts and how the country is now begininng to leave recession towards a scenario of economic growth

     

  • Reform will not hurt workers with lower income, says Meirelles

    Social Security

    In an event in Rio de Janeiro, minister presented data that prove the need for changes in the rules of retirement

    Finance Minister Henrique Meirelles said on Monday (10) that pension reform will not hurt lower-income workers. In a seminar promoted by the newspaper O Globo to discuss the subject, Meirelles explained that the current rules benefit those who have higher income and can stay longer in the same job.

  • General Price Index falls in four of the seven capitals surveyed by FGV

    Inflation

    Research was conducted between the last week of March and the first week of April. The biggest fall was observed in Belo Horizonte

    The Consumer Price Index -  Weekly (CPI-S), calculated by the Getulio Vargas Foundation (FGV), fell in four of the seven capitals surveyed between the last week of March and the first week of April.

  • Industry grows in nine regions in February

    IBGE

    Research evaluated production in 14 locations. Compared to the same period of 2016, there was growth in ten states

    National industrial production grew in nine of the 14 sites surveyed by the Brazilian Institute of Statistics and Geography (IBGE) in February. 

  • Reform will not hurt workers with lower income, says Meirelles

    Social Security

    In an event in Rio de Janeiro, minister presented data that prove the need for changes in the rules of retirement

    Finance Minister Henrique Meirelles said on Monday (10) that pension reform will not hurt lower-income workers. In a seminar promoted by the newspaper O Globo to discuss the subject, Meirelles explained that the current rules benefit those who have higher income and can stay longer in the same job.

  • Caixa branches open two hours early until Wednesday (12)

    Inactive Accounts

    More than 7.7 million serves are expected in this second stage of FGTS release. R $ 11.2 billion is available

  • Exports grow 22% in the first week of April

    Foreign trade

    Balance of trade recorded a positive balance of US $ 1.596 billion in the first five business days of the month

    April started with exports rising in the country. In just five business days, foreign sales exceeded imports by US $ 1.596 billion. The data are from the Ministry of Industry, Foreign Trade and Services and were released on Monday (10).

  • Automotive sector speeds up vehicle production in March

    Automobiles

    Anfavea survey shows that vehicle production increased in March, with exports record

    The automotive industry boosted vehicle production in March, as confidence in the economy resumed. Data from the National Association of Automobile Manufacturers (Anfavea) show that vehicle manufacturing grew 18.1% in relation to the same month last year.

  • First quarter inflation retreats to lowest level since 1994

    Inflation 2017

    Data released by IBGE show that the accumulated inflation in the first three months of the year is the lowest since the creation of the Real Plan

    As a result of economic reforms, the cost of living of Brazilians has fallen in recent months. In the first quarter of this year, official inflation reached its lowest level since the beginning of the Real Plan in 1994. 

  • Government proposes a minimum wage of R $ 979 in the LDO project in 2018

    Minimum wage

    Based on current legislation, the economic team presented the value of the salary base for Brazilian workers in 2018

    Predicting higher economic growth and controlled inflation, the federal government will propose a minimum wage of R $ 979 for the year 2018. The new amount will be included in the draft Budgetary Guidelines Law (PLDO) for 2018, which will be sent to National Congress next Thursday (13).

  • Investments in the country grow in February, says Ipea

    Economic growth

    Ipea data show that capital goods production grew by 7.2% in the second month of the year

    With economic reforms, confidence returned and investors returned to interest in the country. In February, corporate investment grew 3.4% over the previous month and decreased in the last 12 months from 9% to 7.9% %.

  • Automotive sector speeds up vehicle production in March

    Automobiles

    Anfavea survey shows that vehicle production increased in March, with exports record

    The automotive industry boosted vehicle production in March, as confidence in the economy resumed. Data from the National Association of Automobile Manufacturers (Anfavea) show that vehicle manufacturing grew 18.1% in relation to the same month last year.

  • Ministry cancels three logs of refrigerators

    Brazilian meat

    After inspecting and collecting samples, ministry found problems in a small number of refrigerators. All were punished

    The Ministry of Agriculture, Livestock and Supply announced on Thursday (06) that it will cancel three records of refrigerators for irregularities. They were targeted by the pulp surveillance, which did laboratory analysis on the products.

  • Curitiba Airport receives award for best in Brazil

    Terminals

    Terminal received the title of Airport + Brazil, conferred by the Ministry of Transport. Terminals of Rio and Brasilia also stood out

    Afonso Pena International Airport, located in the city of Curitiba, Paraná, received the title of "Airport + Brazil",  from the Ministry of Transport, Ports and Civil Aviation.

  • Maracatu Rural of Pernambuco is one of Brazil's intangible heritage

    Northeast

    Cultural manifestation is composed of dance, music, poetry and is associated with the sugarcane cycle of Zona da Mata

    The Maracatu Rural, tradition of the interior of Pernambuco, is a popular cultural manifestation that occurs during Carnival and Easter. In 2014, the party was listed as Brazilian immaterial patrimony by the National Historical and Artistic Heritage Institute (Iphan).

  • Brazilian meat quality is internationally recognized

    Warranty

    With rigid protocols and high investment in technology, Brazil builds one of the most modern productive parks in the world

    Strategic for Brazil, the livestock sector is a highly technological and reliable industry. From the gate of the farm to the supermarket gondolas, Brazilian meat is recognized worldwide for its quality.

  • Refrigerators are released after auditing and export again

    Inspection

    Ministry of Agriculture did not find economic or impact on human health in three establishments

    The Ministry of Agriculture, Livestock and Food Supply (Map) released three establishments that had been under audit of the pulp since Operation Meat Loaf was set off.

  • Trade balance has record surplus in March

    Growth

    Exports were higher than imports at US $ 7.1 billion, the best result for the month of the historical series

    With the strengthening of Brazilian products abroad, March's trade balance was a record for the month. Exports surpassed imports by US $ 7.14 billion, which gave the country an unprecedented result and 61.2% higher than last year.

  • Industrial production advances in February

    Economic growth

    Industry closed the first two months with accumulated high of 0.3%. Data were released by the Brazilian Institute of Geography and Statistics (IBGE)

  • Government announces R$ 42.1 billion spending cut

    Budget 2017

    Measure prevents the creation of new taxes and helps maintain public accounts in check

    In its effort to meet the fiscal target for the year and maintain public accounts balanced, the government has decided to cut R$ 42.1 billion from expenditures planned for 2017. The decision is part of the government's efforts to prevent increases in taxes or the creation of new ones in the country.