Imports in Brazil
Brazil - Imports
Data suggests that the economy sustained momentum in the third quarter, after growth returned in the second quarter. Industrial production recorded the fastest growth in one year in August; the manufacturing PMI hit a seven-month high in September; and consumer confidence rose to a six-month high at the end of Q3. The data follows higher-than-expected growth in Q2 after the economy contracted in Q1 for the first time since the 2015–2016 recession. That said, activity remains sluggish overall amid contracting exports and a soft labor market. In the political arena, the critical pension reform bill cleared the first vote in the Senate on 2 October, moving it to the final stage. However, legislators voted against a key amendment regarding bonuses for low-salary employees, diluting the expected savings by around USD 18 billion. Meanwhile, the following day, the government announced it had already passed its target of USD 20 billion in earnings from privatizations for 2019.Brazil - Imports Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Imports (USD billion) | 240 | 229 | 171 | 138 | 151 |
Brazil Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 7.30 | -0.82 % | Sep 04 |
| Exchange Rate | 4.10 | -0.13 % | Sep 04 |
| Stock Market | 101,201 | -0.40 % | Sep 04 |
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Economic News
Brazil: Economic activity contracts in July
October 2, 2019
Economic activity fell 0.2% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity.
Brazil: Industrial output rebounds firmly in August
October 1, 2019
Industrial production jumped 0.8% month-on-month in seasonally-adjusted terms in August, contrasting July’s revised 0.2% fall (previously reported: -0.3% month-on-month).
Brazil: Manufacturing PMI surges to seven-month high in September
October 1, 2019
Conditions in Brazil’s manufacturing sector continued improving in September.
Brazil: Business confidence rises in September
September 30, 2019
Business sentiment in Brazil’s industrial sector improved in September, following a slight deterioration in August.
Brazil: Consumer confidence reaches six-month high in September but remains pessimistic
September 25, 2019
The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation (FGV) increased to 89.7 points in September, above August’s 89.2 points and marking the best performance since March this year.
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