Brazil’s jobless rate up to 5.8 percent in April
SAO PAULO, May 23 (Reuters) – Brazil’s jobless rate rose
slightly in April for the fourth straight month but remained
near record lows, suggesting that tight labor conditions
bolstered a gradual recovery and fed into inflation, statistics
agency IBGE said on Thursday.
Brazil’s jobless rate rose unexpectedly to 5.8
percent from 5.7 percent in March. The number was above the
median forecast of 5.6 percent in a poll of 23 economists.
Brazil’s fiscal policy is not fueling inflation, Mantega says – that’s not the central bank’s opinion
Brazil mid-May inflation slows, stays near target ceiling http://t.co/nJ6W61XxbD
Latin American geoeconomics: A continental divide | The Economist http://t.co/84Qh3wtz55
Brazil economic activity speeds up in first quarter
SAO PAULO, May 16 (Reuters) – Economic activity in Brazil
accelerated in the first quarter, central bank data showed on
Thursday, adding to signs that a gradual recovery has gained
steam after massive stimulus by President Dilma Rousseff’s
government.
The improvement happened even though retail sales, one of
the main pillars of recent economic growth, had its weakest
quarter in five years as inflation jumped. This suggests Brazil
relied less on consumers and more on industrial output and
private investments to expand recently.
Brazil’s economic activity sped up in Q1 despite a decline in retail sales, up +1.05% over Q4 – nothing brilliant yet, though
Brazil retail sales fell 0.2% in Q1, first quarterly decline in 5 years, as inflation curbed consumers’ appetite
Itaú to buy Citigroup consumer finance business in Brazil for 2.77 billion reais ($1.37 billion) http://t.co/1IVEdvcu0o via @reuters
Ronaldinho Gaúcho fora da Seleção na Copa das Confederações
BNP Paribas says Mexico c.bank to cut interest rates by 25 bps in Sep and Oct to 3.5%
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