Tag Archives: GDP

When will Brazilian GDP recover?

For 2017, the Brazilian government’s official number is 1% growth, with the recovery starting already in the first quarter. However, according to O Estado de S. Paulo newspaper, the Minister of Finance, Henrique Meirelles, has already admitted in private conversations with members of Congress that the economy should something around 0.5% in 2017. for the lastContinue reading “When will Brazilian GDP recover?”

IMF predicts Brazilian GDP will grow only 0.3% in 2014

For the sixth time in a row, the International Monetary Fund cuts down its forecast for 2014 economic growth in Brazil. In July IMF projected an expansion of 1.3%, now it expects only  0.3%. This figure, if  confirmed, will be the second worst GDP result since 1998. The poor performance for this year will only be betterContinue reading “IMF predicts Brazilian GDP will grow only 0.3% in 2014”

How expensive are products made in Brazil?

Brazilian products are on average 34.2% more expensive than a similar product made somewhere else. What are the reasons? The Brazil cost, followed by the appreciation of the Brazilian Real, explain the economic stagnation the country is facing. Those are the findings of a recent study prepared by the Federation of Industries of the StateContinue reading “How expensive are products made in Brazil?”

Brazil: our highlights of 2012

2012 was a year of contrasts for Brazil. To start with, FDI was record  but the country is not cheap anymore. Momentum is still positive. 7 out of 10 business leaders  interviewed by the E&Y attractiveness survey point Brazil as the most attractive place to establish operations in Latin America. Is it a good result? Considering the size of the Brazilian economy,Continue reading “Brazil: our highlights of 2012”

Brazil’s GDP disappoints but tax burden is record

Brazil’s third-quarter GDP disappointed analysts with 0.6% versus a market consensus of 1.2%.  revisions in GDP growth forecasts for both this year and 2013.  Main surprises Private consumption was up 0.9% but  investment decreased  (-2.0%) and government spending (+0.1%) came as the main surprises, according to ITAU BBA research. What did well? Agriculture sector with 2.5% while the industryContinue reading “Brazil’s GDP disappoints but tax burden is record”