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Brazil recorded a 3.4 percent GDP growth in 2024, driven by a 4.8 percent increase in household spending. Industries and services contributed positively, though agriculture declined by 3.2 percent. President …
Brazil Achieves 3.4 Percent Economic Growth in 2024 Read More
Brazil’s retail sales fell 0.1% in January, marking the third consecutive monthly decline, attributed to tight financial conditions. January recorded a yearly growth of 3.1% in retail sales, outpacing expectations. …
Brazil’s Retail Sales Experience Decline for Third Consecutive Month in January Read More
Brazil’s retail sales fell by 0.1% in January 2025, marking three months of consecutive declines. Major drops occurred in pharmaceutical and food sales, while office supplies and fuel sales rose. …
Brazil Retail Sales Experience Third Consecutive Decline in January 2025 Read More
Brazil’s services sector contracted by 0.2% in January, exceeding expectations of a 0.1% decline. This trend continues from a peak in October as high interest rates affect economic activity. A …
Brazil’s Services Sector Experiences Greater Decline than Expected in January Read More
In February, Brazil’s inflation reached 5.06%, exceeding the official target and prompting expected interest rate hikes from the central bank. Consumer prices rose significantly, driven by housing, education, and food …
Brazil’s Inflation Surges Above 5%, Prompting Central Bank Rate Hikes Read More
In February, consumer prices in Brazil rose 1.31 percent, higher than expectations, with a 12-month inflation rate of 5.06 percent. Key categories showed varied shifts, particularly in housing and education. …
Consumer Prices in Brazil Increase by 1.31 Percent in February Read More
Brazil’s industrial output remained unchanged in January, disappointing forecasts. Economists expected a 0.5% month-on-month increase, but production stagnated following three months of decline. Yearly growth was 1.4%, also below expectations. …
Brazil’s Industrial Output Stable in January, Misses Market Expectations Read More
Brazil’s crop agency Conab plans to increase food stockpiles to combat rising inflation. Edegar Pretto highlighted the need to revise procurement rules to allow government purchases at lower prices. Recent …
Brazil’s Strategic Initiative to Boost Food Stocks Amid Rising Inflation Read More
Brazil’s government plans to enhance food stocks by acquiring 445,000 metric tons of rice, corn, and beans to address rising inflation. There has been a reduction in import tariffs on …
Brazil Implements Measures to Increase Food Stocks Amid Inflation Read More
Brazil’s economy grew 3.4% in 2024, driven by increased household spending and contributions from industry and services. Agriculture faced a decline. President Lula welcomed growth and projected continued advancement for …
Brazil Achieves 3.4% Economic Growth in 2024 Driven by Household Spending Read More