Home
About Us
Contact Us
Invest in Brazil News
Meirelles: "employment should grow this year"
Ministry of Finance
After attending a meeting with investors, the finance minister used his Twitter account to make an economic assessment
Finance Minister Henrique Meirelles said employment should grow this year. On Twitter , he argued that he is committed to securing the conditions for investment in Brazil, which will bring jobs and opportunities.
Easter pulls trade and sales up 1% in April
Economic growth
Positive result breaks the sequence of two months of decline. Super and hypermarkets had greater influence on performance
After a two-month slump, retail sales resumed growth. In April, the advance was 1% against March - the best result for the month since 2008. The data are from the Brazilian Institute of Geography and Statistics (IBGE) and were released on Tuesday (13).
Until Wednesday (14), Caixa branches open earlier for withdrawals from the FGTS
Inactive Accounts
This Saturday (10), were released resources of workers born between September and November
From Monday (12) to Wednesday (14) of this week, the 2,015 branches of Caixa Econômica Federal will extend the working hours so that workers born between September and November can withdraw funds from inactive accounts of the Time Warranty Fund Of Service (FGTS).
Inflation of rent accumulates fall of 0.63% in 12 months
IGP-M
Deflation is lower than that of the first preview of May, which stood at 0.89%
The General Market Price Index (IGP-M), used in the adjustment of rental contracts, registered a fall of 0.51% in the first preview of June. The data were released on Friday (9), by the Getulio Vargas Foundation.
Financial market projects zero inflation for June
Focus Bulletin
Month should end with average prices without any change for the consumer. If confirmed, it will be the best result since 2006
Revenue opens consultation on the first batch of IR refund on the fifth (8)
IRPF 2017
On June 16, the bank credit will be made for 1,636,218 taxpayers
On Thursday (8), the Internal Revenue Service will release the query to the first batch of refund of the Personal Income Tax (IRPF) of 2017. The lot also includes the residual refunds for the years 2008 to 2016.
OECD plans to open office in Brazil, says finance minister
International relations
Government has asked Brazil to join the international organization of 35 countries at the end of last month
The Minister of Finance, Henrique Meirelles, informed that the Organization for Economic Cooperation and Development (OECD) intends to open an office in Brazil.
Grain harvest may reach 238 million tons in 2017
Agricultural production
Area growth and average yields are responsible for forecasting the current super crop
Estimate of the Brazilian Institute of Geography and Statistics (IBGE) reveals that the national harvest of cereals, legumes and oilseeds is expected to close the year with a production of 238.6 million tons. The number is 29.2% higher than that achieved in 2016, when it registered 184.7 million tons.
OECD improves projection for Brazil's growth
Prediction
Organization stresses importance of Social Security reform and projects advances in the country's economy in 2017 and 2018
The Organization for Economic Co-operation and Development (OECD) has improved Brazil's growth projections for 2017. In March, the estimate was zero growth and now has risen to 0.7%. "Brazil is finally emerging from a severe and prolonged recession," the projection says.
Brazil has registered 143 thousand new apprentices in 2017
Youth
Sectors that most contracted were manufacturing industry, vehicle trade and repair, social services and health
IGP-DI recorded a decrease of 0.51% in the month of May
FGV
Index is used as a reference for price corrections and contractual values
The Getulio Vargas Foundation published, on Wednesday (7), the General Price Index - Internal Availability (IGP-DI). According to FGV data, the indicator used as reference for price corrections and contractual values registered a fall of 0.51% in May.Petrobras Calls For Quality Seal To Improve Governance Level
Transparency
The purpose of the adhesion is to strengthen corporate governance and protect it from practices that may call into question its integrity
Petrobras asked B3, the former BM & FBovespa, for certification to join the State Governance Highlight Program. In a statement, the company also stated that it has already begun studies for the special follow-up listing Level 2 of the exchange.
Production and sales of cars grow in May
Report
Manufacture of light and heavy vehicles increased 33.8% over the same period last year
With the improvement of the Brazilian economy in the first quarter, the automotive industry increased production and re-sold more vehicles. In May, manufacturing of light and heavy vehicles increased 33.8% over the same period last year. Vehicle licensing registered a 16.8% increase on the same basis of comparison.
FGTS payment for born in September, October and November is anticipated
Inactive Accounts
As of this Saturday (10), more than 7.5 million Brazilians will be able to withdraw the resources. Available value exceeds R $ 10.9 billion
Payment of inactive FGTS accounts for workers born in September, October and November was anticipated for next Saturday (10). Predicted initially to start on June 16, the fourth phase was anticipated due to next week's holiday.
FGTS Income Will Be Higher Than Inflation
Workers
In 2017, the expectation is that the accounts have a correction of 4.8% per year, above the expected inflation
The correction of the FGTS accounts may increase from 3% a year to 4.8% per year, being above the expected inflation for 2017, according to Law 13466.
Oil royalties drive revenue growth in 2017
Oil
The good performance of royalty payments is a result of the combination of favorable prices and increased production
The rise in production and the international price of oil contributed to the growth of the federal revenue in 2017 through the increase in the payment of royalties.
Market reduces inflation estimate and predicts higher GDP growth
Resume
With the improvement in economic indicators, financial experts are again plotting a positive scenario for the economy later this year
Financial market analysts have again lowered their forecast for inflation this year. Now the expectation is that the Extended Consumer Price Index (IPCA) will be 3.90%, compared to an earlier estimate of 3.95%. For 2018, the forecast is that inflation ends the year at 4.30%.
Timeliness of trade payments grows in April
Serasa
Reduction of inflation, gradual recovery of growth and rationalization of costs contributed to the result
The timeliness of micro and small business payments reached 95.7% in April of this year. The level was higher than the 94.5% recorded in March and higher than the 95.4% in April last year. It was the third month of the year in which the punctuality of payments was higher than the value recorded in 2015.
Brazil is prepared to grow in a sustainable way, says Meirelles
Resume
During the Brazil Investment Forum (FIB), Finance Minister assured that economic reforms prepared Brazil for a cycle of sustainable growth
Index correcting rental contracts retreats for the second consecutive month
Stability
Main index of the rental adjustment, IGP-M accumulates deflation of 0.93% in May
The General Price Index - Market (IGP-M), which corrects most of the rental contracts in the country, fell for the second consecutive month. According to a survey released on Tuesday (30) by Fundação Getúlio Vargas (FGV), in April, the indicator fell 1.1%. Already in this month, fell 0.93%.
Tariff flag on light bills to be green in June
Energy
Faced with a greater influx in the reservoirs of hydroelectric plants, the electricity bills will not have extra cost next month
Meirelles: with reforms, growth path will be "robust"
Resume
In an event of the civil construction sector, Finance Minister highlights the role of economic reforms in the growth of the economy
Market maintains projections for Selic rate
Focus Bulletin
Analysts also expect inflation to remain within Central Bank parameters
Financial market economists have kept the expectation for the basic interest rate this year and continue to project inflation within the Central Bank's target of 4.5%, ranging from a maximum of 6% and a minimum of 3% %.
Public sector accounts show best result for April in two years
Public Accounts
In the year, fiscal effort of the consolidated public sector to pay interest on public debt already amounts to R $ 15.106 billion
Faced with the fiscal rebalancing measures proposed by the federal government, the consolidated public sector (formed by the federal, state, municipal and state) registered a primary surplus of R $ 12,908 billion in April.
