International Reserves in Brazil
Brazil - International Reserves
Current account deficit narrows considerably in January
Brazil’s current account balance came in at a deficit of USD 4.3 billion in January, a smaller gap than the USD 5.1 billion deficit recorded in January 2017.
The trade surplus came in at USD 2.8 billion in January, which was slightly above January 2017’s USD 2.7 billion surplus. Exports soared 13.8% over the same month of the previous year, while strengthening domestic demand cause imports to grow a buoyant 16.5% annually. Foreign direct investment came in at USD 6.5 billion UP/DOWN FROM X in the previous year.
The 12-month accumulative current account deficit improved in January. It narrowed to USD 9.0 billion from USD 9.8 billion in December.
Brazil Current Account Forecast
Analysts who participated in this month’s LatinFocus Consensus Forecast expect a current account deficit of 1.3% of GDP in 2018. For 2019, panelists expect the current account deficit to widen to 1.7% of GDP.
Brazil - International Reserves Data
|International Reserves (USD)||373||359||364||356||365|
5 years of economic forecasts for more than 30 economic indicators.
Brazil International Reserves Chart
Source: Central Bank of Brazil and FocusEconomics calculations.
|Bond Yield||9.46||-0.82 %||Mar 22|
|Exchange Rate||3.32||-0.13 %||Mar 22|
|Stock Market||84,768||-0.40 %||Mar 22|
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March 14, 2018
Retail sales (excluding cars and construction) rose 0.9% from the previous month in seasonally-adjusted terms in January, which contrasted December’s revised 0.5% decrease (previously reported: -1.5% month-on-month).
March 12, 2018
Consumer prices in February rose 0.32% over the previous month, above January’s 0.29% rise.
March 6, 2018
In January, industrial production contracted 2.4% over the previous month in seasonally-adjusted terms, contrasting the revised 3.1% increase (previously reported: +2.8% month-on-month) registered in December.
March 6, 2018
Brazil’s current account balance came in at a deficit of USD 4.3 billion in January, a smaller gap than the USD 5.1 billion deficit recorded in January 2017. The trade surplus came in at USD 2.8 billion in January, which was slightly above January 2017’s USD 2.7 billion surplus.
March 6, 2018
Conditions in Brazil’s manufacturing sector strengthened in February according to the IHS Markit manufacturing Purchasing Managers’ Index (PMI), which rose from 51.2 in January to 53.2.