BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Topic

Brazil GDP

Brazil inflation in May rises above 8pc, highest since Sept 2016

Brazil inflation in May rises above 8pc, highest since Sept 2016

Published 09 Jun, 2021 06:59pm
  • The 0.8% monthly rate of inflation was also the highest for any May since 1996, statistics agency IBGE said, adding that all nine categories surveyed showed rising prices in the month.
  • The monthly rate rose from 0.3% in April, IBGE said, again more than the 0.7% rise economists in the Reuters poll had forecast.
Most Latam currencies rise; Colombian peso at 5-week high

Most Latam currencies rise; Colombian peso at 5-week high

Updated 02 Jun, 2021 08:13pm
  • The real was up 0.4% and the Bovespa stock index also extended gains to a sixth straight session and hit an all-time high of 128,620.25.
  • "That said, the latest surveys suggest that activity in the industrial sector hasn't picked up to the same extent as other parts of the economy."
Brazil services activity shrinks in Q1, back below pre-pandemic levels

Brazil services activity shrinks in Q1, back below pre-pandemic levels

Published 12 May, 2021 06:44pm
  • The services sector shrank by a seasonally adjusted 4.0% on the month, government statistics agency IBGE said, more than the median estimate in a Reuters poll of economists of a 3.2% fall.
  • It was the first decline in activity in 10 months, IBGE said, and meant the sector is 2.8% smaller than it was in February last year just before the pandemic struck.
Brazil auto production falls 4.7pc in April from March

Brazil auto production falls 4.7pc in April from March

Published 07 May, 2021 06:49pm
  • The result was also over 10,000% higher than a year ago, when auto production came almost to a complete halt due to the pandemic. Auto sales in April fell by 7.5% to 175,100 units compared to a month ago, said Anfavea, as the association is known.
Brazil industrial output falls in March for second month, but less than expected

Brazil industrial output falls in March for second month, but less than expected

Published 05 May, 2021 06:14pm
  • The 2.4% fall in industrial output in March was less than the median estimate in a Reuters poll of economists for a 3.5% decline, although February's figure was revised lower to a 1.0% fall.
  • Fifteen of the 26 sectors surveyed saw a decline in production on the month, including a 14.1% fall in clothing output, IBGE said.
Brazilian inflation bubbles as annual March PPI hits record 33.5pc

Brazilian inflation bubbles as annual March PPI hits record 33.5pc

Published 04 May, 2021 07:51pm
  • The annual rate of factory gate inflation in Latin America's largest economy rose to 33.5% from 28.5%, the highest level since statistics agency IBGE's data series began in January 2014.
  • The accumulated rate of inflation in the first quarter of the year was also a record for the January-March period, rising to 14.1% from 8.9% in the three months to February, IBGE said
Brazil services activity jumps 3.7pc in Feb, third biggest rise in a decade

Brazil services activity jumps 3.7pc in Feb, third biggest rise in a decade

Published 15 Apr, 2021 07:50pm
  • The services sector grew by a seasonally adjusted 3.7% on the month, government statistics agency IBGE said, more than double the median estimate of 1.5% expansion in a Reuters poll of economists.
  • It was the ninth month of expansion, IBGE said, and the third largest since the series began in 2011. Services sector output in February was down a non-seasonally adjusted 2.0% from a year earlier.
Brazil March inflation 6.1pc, highest since 2016

Brazil March inflation 6.1pc, highest since 2016

Published 09 Apr, 2021 07:27pm
  • The annual rate of consumer inflation rose to 6.10% from 5.20% in February, statistics agency IBGE said, slightly below the 6.20% median forecast in a Reuters poll of economists but the highest since December 2016.
  • The central bank's year-end goal is 3.75%, with a 1.5 percentage point margin of error on either side. These figures show inflation is well above even the 5.25% upper limit of that range.
Surprise Brazil industrial output fall in Feb highlights deeper GDP funk

Surprise Brazil industrial output fall in Feb highlights deeper GDP funk

Published 01 Apr, 2021 08:09pm
  • February's 0.7% fall in industrial output was significantly weaker than the median estimate in a Reuters poll of economists for a 0.4% rise. The following chart shows that several months of slowing growth have finally turned into outright decline.
  • Statistics agency IBGE said the year-on-year rise was 0.4%, also well below the Reuters poll forecast of 1.5% growth.
Brazil services confidence in March slumps to lowest since last June: survey

Brazil services confidence in March slumps to lowest since last June: survey

Published 29 Mar, 2021 07:23pm
  • The Getulio Vargas Foundation's (FGV) services sector confidence index fell 5.6 points to 77.6 points in March, the third consecutive decline and the lowest since June's 71.7.
  • The index remains well above last April's record low 51.5, but on the other hand it is falling further below the pre-pandemic level of 94.4 in February last year.
Brazil IBC-Br economic activity index jumps 1pc in January

Brazil IBC-Br economic activity index jumps 1pc in January

Published 15 Mar, 2021 05:46pm
  • The IBC-Br economic activity index, a leading indicator of gross domestic product, rose a seasonally adjusted 1.04% in December, significantly more than the 0.4% increase forecast in the Reuters poll. It was down 0.46% versus January last year.
Brazil industrial output rises in January, but at slowest pace in nine months

Brazil industrial output rises in January, but at slowest pace in nine months

Published 05 Mar, 2021 05:48pm
  • January's 0.4% increase in industrial output was exactly in line with the median estimate in a Reuters poll of economists, while the year-on-year rise of 2.0% was slightly below the poll forecast of 2.2% growth.
  • "Industry kept up its positive performance, but decelerated in January," said IBGE survey manager Andre Macedo.
Brazil GDP down 4.1pc in 2020, less than forecast

Brazil GDP down 4.1pc in 2020, less than forecast

Published 03 Mar, 2021 06:04pm
  • Latin America's largest economy grew by 3.2% in the fourth quarter, according to official statistics agency IBGE, more than the 2.8% median estimate in a Reuters poll of economists.
  • The 3.2% expansion in the fourth quarter was led by 2.7% growth in services, 3.4% expansion in household consumption, and a 20% surge in fixed business investment, IBGE said.
Brazilian stocks, currency fall as tax hikes spook investors

Brazilian stocks, currency fall as tax hikes spook investors

Published 02 Mar, 2021 09:07pm
  • The US dollar strengthened about 2% against the real, sending the Brazilian currency to a three-month low despite a central bank auction selling $1 billion in the spot market.
  • The benchmark Bovespa equities index fell as much 2.7% in morning trade, with all but one of its constituent companies in the red, before paring losses to 1.3% by midday.
Brazil unemployment rate falls to 13.9pc in quarter through December

Brazil unemployment rate falls to 13.9pc in quarter through December

Published 26 Feb, 2021 06:05pm
  • The average unemployment rate last year was 13.5%, IBGE said, up from 11.9% the year before and the highest since the series began eight years ago.
  • The IBGE figures showed 86.2 million Brazilians had work, up 4.5%, or 3.7 million people, from the July-September period, although still down 8.9%, or 8.4 million people, from the same period a year earlier.
Brazil public sector debt rises to record 89.7pc of GDP in January

Brazil public sector debt rises to record 89.7pc of GDP in January

Published 26 Feb, 2021 05:58pm
  • The public sector surplus excluding interest payments of 58.4 billion reais was more than the 50 billion reais surplus forecast in a Reuters poll of economists, and the overall deficit in the 12 months through January was worth 9.4% of gross domestic product.
Brazil current account deficit 0.65pc of GDP, smallest in 13 years

Brazil current account deficit 0.65pc of GDP, smallest in 13 years

Published 24 Feb, 2021 08:02pm
  • The current account deficit of 0.65% of gross domestic product in the 12 months to January was down from 0.87% the previous month and the smallest since February, 2008, central bank figures showed.
  • Brazil's current account deficit in the month of January was $7.25 billion, the second deficit in a row and slightly less than the $7.75 billion shortfall forecast in a Reuters poll of economists.
Loading...