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Brazil experienced a 3.4% economic growth in 2024, driven by household spending increases and growth in industrial and service sectors, despite a 3.2% decline in agriculture. President Lula noted the …
Brazil Achieves 3.4 Percent Economic Growth Amid Mixed Sector Performance Read More
Brazil’s retail sales fell by 0.1% in January, marking the third monthly decline. Four of eight key sectors recorded decreases. The central bank is expected to raise interest rates to …
Brazilian Retail Sales Decline for Third Consecutive Month in January Read More
Brazil’s retail sales dropped by 0.1% in January 2025, marking the third consecutive month of decline. The largest declines were noted in pharmaceutical products and supermarkets, while office equipment and …
Brazil’s Retail Sales Decline for the Third Successive Month in January 2025 Read More
Brazil’s services sector declined by 0.2% in January, exceeding expectations. The drop is attributed to the transport segment and reflects ongoing economic slowing due to high interest rates. Annual growth …
Brazil Services Sector Faces Unexpected Decline in January Read More
Brazil’s annual inflation has risen above 5% for the first time in over a year, reaching 5.06% in February, significantly exceeding the central bank’s 3% target. The central bank is …
Brazil’s Annual Inflation Exceeds 5% Ahead of Expected Rate Hike Read More
Brazil’s consumer prices rose 1.31 percent in February, exceeding forecasts, with a yearly increase of 5.06 percent. Categories such as housing and education displayed significant price rises, while apparel prices …
Brazil’s Consumer Prices Rise 1.31 Percent in February Read More
Brazil’s industrial production remained unchanged in January, failing to meet market expectations of a 0.5% increase. Production saw growth in capital goods but struggled overall due to declining intermediate goods …
Brazil’s Industrial Output Steady in January, Misses Expectations Read More
Brazil’s Conab plans to enhance food stocks to counter rising inflation, changing procurement regulations to allow for more flexible grain purchases. This marks a policy shift reflecting ongoing struggles with …
Brazil Initiates Measures to Increase Food Stocks to Combat Inflation Read More
Brazil plans to purchase 445,000 metric tons of rice, corn, and beans to enhance food stocks amid rising inflation, marking a policy shift from previous administrations. The government has also …
Brazil’s Strategy to Combat Inflation through Food Stock Boost Read More
Brazil’s economy grew 3.4 percent in 2024, fueled by a 4.8 percent increase in household spending. Although industry and services expanded, agriculture contracted by 3.2 percent. Exports rose 2.9 percent, …
Brazil’s Economic Growth Reaches 3.4 Percent in 2024 Driven by Consumer Spending Read More