Imports in Brazil
Brazil - Imports (percent change)Incoming data suggests Brazil’s economic recovery continued in the fourth quarter, after growth jumped in the third quarter. Returning confidence in the economy is expected to have buttressed momentum, with business and consumer sentiment edging up in December. In addition, the three-month rolling unemployment rate fell to an over two-year low in November, boding well for household consumption, and export growth accelerated in Q4. Jair Bolsonaro was sworn in as president on 1 January, taking the reins of Brazil’s economy. The government is expected to focus on cutting Brazil’s bloated fiscal accounts as its first major priority, with critical social security reform likely to be presented in the coming days. However, conflicting media statements by members of the government are generating confusion over how bold the measures will be. The country is expected to have recorded a sizable 7.1% of GDP fiscal deficit last year.
Brazil - Imports (%) Data
|Imports (annual variation in %)||7.4||-4.4||-25.2||-19.8||9.6|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||9.06||-0.82 %||Jan 30|
|Exchange Rate||3.69||-0.13 %||Jan 30|
|Stock Market||96,996||-0.11 %||Jan 30|
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April 15, 2019
In February, economic activity decreased 0.7% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity.
April 11, 2019
Consumer prices rose 0.75% in March over the previous month, accelerating from February’s 0.32% increase and overshooting expectations of a softer 0.63% rise.
April 3, 2019
Industrial production gained steam in February, jumping 0.7% month-on-month in seasonally-adjusted terms.
April 1, 2019
Conditions in Brazil’s manufacturing sector appear to have weakened somewhat in March.
April 1, 2019
Business sentiment in Brazil weakened at the end of Q1, with the Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) business confidence index falling to 97.2 points from 99.0 points in March.