By Contributing Reporter

RIO DE JANEIRO, BRAZIL - Brazilians spent US$1.471 billion (R$5.884 billion) on international travel in May. The result represents a drop of 1.5 percent against April (US$1.493 billion) and 8.9 percent compared to May of last year (US$1.615 billion).

From January to May, Brazilians' spending abroad totaled US$7.28 billion, ten percent less than that for the same period in 2018 (US$8.086 billion). The figures were released today by the Central Bank (BC).

The Central Bank employs a general approach to measuring external accounts.

Within . . .

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