Fenabrave

Advance is driven by sales of automobiles and light commercials, which represent the vast majority of the

Census Agro 2017

Questionnaires are applied in all states of the country; 1 million establishments have already been visited

In a month, census takers from the Brazilian Institute of Geography and Statistics (IBGE) visited one million rural establishments across the country. The balance, disclosed on Wednesday (1st), is within expectations, but has already impressed the technical coordinator of the Agro Census, Antônio Florido.

Foreign trade

Trade balance of US $ 5.2 billion is the highest since the beginning of the historical series, begun in 1989. From January to October, result already surpasses record of 2016

National industry

As a result, industrial activity in the last 12 months is positive for the first time in 39 months

After two years of the most severe recession facing Brazil, economic indicators continue to mark a more positive horizon for the Brazilian economy. Data released on Wednesday (1) by the Brazilian Institute of Geography and Statistics (IBGE) show that the Brazilian industry is heading for a recovery scenario. 

Job market

In the case of the employed population, there was a growth of 1.2%. In practice, this means that more than 1.1 million people have been repositioned in the labor market and have returned to income

Copom Minutes

Document involves evaluations of the board of the Central Bank on the economy and decision on basic interest rate, the Selic

In the minutes of the meeting where the Selic interest rate was reduced to 7.5% a year, the Central Bank considered that economic reforms are essential to keep interest and inflation under control.

Economic resumption

Decision was released by the Central Bank early on Wednesday (25). Institution sees low inflation and resumption of growth

For the ninth consecutive time, the Central Bank decided to cut the basic interest of the economy (Selic). On Wednesday (25), the monetary authority maintained the trajectory of cuts and reduced the rate from 8.25% a year to 7.50% a year, the lowest level for the Selic since April 2013.

Stronger Brazil

CNC indicator shows that families are more confident in the future. Scenario improvement should boost purchases

FGV

Low interest rates and lower inflation had a positive effect on the Brazilian consumer perception of the economy

The resumption of the economy continues to have positive effects on the lives of Brazilians. In October, the Consumer Confidence Index (ICC), measured by the Getulio Vargas Foundation (FGV), rose 1.4 points to reach 83.7 points on a scale of zero to 200. This is the second time that the registers high.

Optimism

In the third week of October, confidence was 56 points; registered in all industrial segments

With the most obvious signs of the resumption of the Brazilian economy, industrial entrepreneurs became more optimistic. In October, the Industrial Entrepreneur Confidence Index (ICEI) registered 56 points, an increase of 3.7 points compared to the same period in the past.

Caged

For the sixth month in a row, the formal market registered hirings; sectors of transformation, trade and services were the main responsible for the opening of new posts

For the sixth consecutive month, Brazil registers the opening of new formal jobs. In September, 34,392 new jobs were created with a formal contract. With this result, the country accumulates 208.8  thousand formal hirings in 2017 alone.