Tag: Brazil economy

RIO DE JANEIRO, BRAZIL - The crisis and supply shortages in the industry had a negative impact on domestic car sales in February. According to data released on Friday by automobile manufacturers' trade association ANFAVEA, the market for cars,...
RIO DE JANEIRO, BRAZIL - Industrial production in Brazil rose in January for a ninth straight month, figures showed on Friday, but it was the slowest rate in that period, offering another indication that the wider economic recovery is...
RIO DE JANEIRO, BRAZIL - The São Paulo State Federation of Trade of Goods, Services and Tourism (FecomercioSP) said that the Brazilian economy should recover the level of the beginning of the last decade only in 2023. In a statement,...
RIO DE JANEIRO, BRAZIL - Brazil signaled at the World Trade Organization (WTO) that it expects discussions with other countries to move forward as quickly as possible in order to accede to the Government Procurement Agreement (GPA). At a meeting...
RIO DE JANEIRO, BRAZIL - Brazilian airline Azul (Azul Linhas Aéreas Brasileiras) on Thursday, March 4th, reported a net loss of R$317.4 million (US$56.56 million) in Q4, the carrier’s best quarterly performance since the pandemic upended air travel. Azul said...
RIO DE JANEIRO, BRAZIL - The Brazilian GDP dropped 4.1% in 2020, registering the largest contraction since the start of the IBGE's current official records in 1996. According to a survey by Austin Rating, the country may slip to the...
RIO DE JANEIRO, BRAZIL - Brazil’s economy shrank last year by 4.1% amid the pandemic, data showed on Wednesday, March 3rd, the worst drop in decades, but not as much as originally expected due to cash transfers to the...
RIO DE JANEIRO, BRAZIL - Brazil’s economy could grow 3.5% this year and may have shrunk last year by less than 4%, Economy Minister Paulo Guedes said on Tuesday, March 2nd, stressing again that a resumption of emergency cash...
RIO DE JANEIRO, BRAZIL - The Producer Price Index (PPI), which gauges the price variation of industrialized products at the factory gate, registered inflation of 3.36% in January. The rate is higher than the December (0.39%) and January (0.35%)...



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