International Reserves in Brazil
Brazil - International Reserves
Current account deficit narrows in February
Brazil’s current account balance came in at a deficit of USD 1.1 billion in February, a smaller shortfall than the USD 2.0 billion deficit recorded in the same month of 2018.
The improvement was due chiefly to a higher trade surplus, which came in at USD 3.2 billion in February (February 2018: USD 2.7 billion). Meanwhile, foreign direct investment jumped to USD 8.4 billion in February, nearly double the USD 4.7 billion recorded in the same month of the previous year.
The 12-month trailing current account deficit hit USD 13.9 billion in February, smaller than January’s USD 14.8 billion shortfall. February’s result is equal to approximately 0.7% of GDP.
Analysts who participated in this month’s LatinFocus Consensus Forecast expect a current account deficit of 1.3% of GDP in 2019. For 2020, panelists expect the current account deficit to widen to 1.6% of GDP.
Brazil - International Reserves Data
|International Reserves (USD)||359||364||356||365||374|
5 years of economic forecasts for more than 30 economic indicators.
Brazil International Reserves Chart
Source: Central Bank of Brazil and Met the why particular calculations.
|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.