August Foreign investment in Brazil drops 26% to US$4.5 billion

This year, US$36.2 billion have already entered the country, 14.8% more than in the same period last year (US$31.5 billion). The Central Bank expects the number to reach US$60 billion this year.

RIO DE JANEIRO, BRAZIL - The Central Bank (BC) announced this Friday that Direct Investment in the Country (IDP) was US$4.5 billion in August, an increase of 73% in relation to the same period last year when the country was in a bad pandemic moment.

However, in comparison with July this year, when the IDP totaled US$6.1 billion, there was a 26.2% drop.

The Central Bank states that the comparison with previous months can be affected by seasonal factors. In certain months of the year, the IDP is historically higher or lower due to a variety . . .

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