BRASILIA, Jan 24 Brazil's economy is at a stage
that requires caution on monetary policy, central bank president
Roberto Campos Neto said on Friday, adding that he is
"comfortable" with the inflation outlook.
BRASILIA Brazil's right-wing government has entered 2020 doubling down on one of the principal economic policies that marked its first year in office: the controversial view that aggressively slashing spending will spur and accelerate economic growth.
BRASILIA Economic activity in Brazil rose in November for the fourth month in a row, a central bank indicator showed on Thursday, pointing to fairly solid economic growth in the fourth quarter.
BRASILIA, Jan 6 Brazilian economic activity in
December grew at its slowest pace in six months, a purchasing
managers survey showed on Monday, as a slight improvement in the
services sector failed to compensate for a more disappointing
performance in manufacturing.
SAO PAULO/BRASILIA, Jan 3 Brazilian
petrochemical producer Braskem SA has agreed to a 2.7
billion reais ($667 million) settlement with federal and state
authorities in the northeastern state of Alagoas to cover damage
caused by a salt mining project there.
BRASILIA Brazil's trade surplus shrank 20% to $46.67 billion last year, official data showed on Thursday, as upwardly revised exports in recent months failed to mask a widespread slump in overseas demand for Brazilian goods over the course of 2019.
BRASILIA Brazil's public sector finances improved further in November, central bank figures showed on Monday, as the deficit as a share of the overall economy shrank to its smallest in over a year and the national debt fell for the third straight month.
BRASILIA Conditions for buoyant economic growth in Brazil have rarely, if ever, been better, making 2020 a "make-or-break" year for Latin America's largest and long underachieving economy.
BRASILIA Brazil's central bank cut its benchmark Selic interest rate to an all-time low of 4.50% on Wednesday, but indicated that with borrowing costs so low and economic growth starting to pick up, it may mark a pause in the easing cycle, if not the end.
BRASILIA Services sector activity in Brazil expanded in October far more than economists had expected, figures on Thursday showed, indicating that overall growth in Latin America's largest economy continued to accelerate going into the year end.