Sadia is one of the world’s leading producers of chilled and frozen foods. Established in Brazil in 194...
Cyrela Brazil Realty is the largest residential real estate developer in Brazil. Considered one of the m...
Today, Banco do Brasil is the largest financial institution in the Country with 24.4 million clients and ...
CPFL Energia is a holding company in Brazilian electricity sector, operating through its subsidiaries in ...
Copersucar S.A. is the largest Brazilian sugar, ethanol and bioenergy company and a significant player in...

First week of the month is US $ 499 million surplus

In the first week of October, with five working days, the Brazilian trade balance registered a surplus of US $ 499 million. The result reflects the relationship between exports of US $ 3.374 billion and imports of US $ 2.875 billion. In the year, exports totaled US $ 142.740 billion and imports, US $ 106.061 billion, with a surplus of US $ 36.680 billion.

The data was released, on Monday (10), the Foreign Trade Secretariat (Secex) of the Ministry of Industry, Foreign Trade and Services (MDIC).

For the week, the daily average of exports was US $ 674.8 million.

By this criterion, the performance was 11.7% lower than recorded in October 2015 (average of US $ 764.2 million).In this comparison, sales of basic items fell (-25.1%) - for corn account beans;raw cotton; soybean meal; soybeans;beef and chicken; and tobacco leaves - and manufactured goods (-6.2%) - due to aircraft; auto parts; engines for motor vehicles; electric motors and generators; passenger cars and cargo vehicles.

On the other hand, increased exports of semi-manufactured goods (+ 15.5%) - drawn cast iron; crude aluminum; raw sugar; hides and skins; and gold in semi-manufactured forms.

In imports, the daily average of the first week of October was $ 575 million, 14.1% below the average recorded in October 2015 (US $ 669.2 million). In this comparison, spending fell mainly on fuels and lubricants (-62.1%);fertilizers (-36.6%); motor vehicles and parts (-23.4%); mechanical equipment (-18.5%); and organic and inorganic chemicals (-12.5%).

Source: Portal Brazil, with information from the Ministry of Industry, Trade and Services

 

Market improves projection for inflation in 2016 and 2017

For the fourth consecutive week, the financial market has improved projections for inflation in 2016. According to the Focus Bulletin, a weekly publication in which the central bank meets the expectations of about 100 analysts, the Broad Consumer Price Index (IPCA) should close year on 7.04%.

For 2017, analysts also improved forecasts and expectations increased from 5.07% to 5.06%. A month ago, the forecast was higher, it was 5.12%. In recent weeks, better data cost of living influenced to better scenarios of economists.

In September, the IPCA was 0.08%, a level below that expected by the financial market and the Central Bank, which estimated a number around 0.19%. The data came better than expected due to food prices, which fell in the month.

administered prices

Forecasts for the regulated prices, which are regulated by contract and tariffs as power and telephone, also retreated. For 2016, analysts have come to expect a high of 6.11%; before the forecast was 6.20%. In 2017, went from 5.50% to 5.30%.

Source: Portal Brazil, with the information Central Bank