With a tight budget, one in four people in Brazil cannot pay all their bills at the end of the month, a survey carried out by the National Confederation of Industry (CNI), in partnership with FSB Research Institute reads. It… Read More »Survey shows that inflation changes behavior of Brazilians
The Brazilian government is set to start the implementation of a nationwide initiative to help the country adapt to climate change and reduce carbon emissions in agriculture and ranching for the period of 2020 to 2030. Dubbed Plano ABC+, the… Read More »Brazil rolls out plan to slash carbon emissions in farming
Brazil’s unemployment rate in the second quarter of 2022 stood at 9.3 percent. In the previous quarter, the index was 11.1 percent and in the same quarter last year joblessness was reported at 14.2 percent. The rate fell across 22… Read More »Brazil unemployment rate down to 9% in second quarter
Brazilian President Jair Bolsonaro has sanctioned the Law on Budget Guidelines for 2023. The text estimates the country’s minimum wage at BRL 1,294 for next year and a primary deficit of BRL 65.91 billion for the public accounts of the… Read More »Brazil government sets parameters for economy next year
Brazil´s unemployment rate, which currently stands at 9.3 percent, could drop to 8 percent before the end of the year due to the economic recovery, Economy Minister Paulo Guedes said. He participated on Tuesday (Aug. 9) in the opening ceremony… Read More »Economy Minister: unemployment to fall to 8% before end of the year
Bank profitability has returned to pre-pandemic levels, following the growth in the interest margin, lower expenses with provisions (reserves due to credit risks), and efficiency gains. The data can be found in a financial stability report on the second half… Read More »Bank profits back to pre-pandemic levels in Brazil
Brazil’s Broad Consumer Price Index, or IPCA, closed out the month of July with 0.68 percent deflation, the lowest rate since the beginning of this time series, in 1980. In June, inflation climbed 0.67 percent. Year to date, the official… Read More »Brazil economy sees 0.68% deflation in July
The percentage of Brazilian families with debts falling due grew 0.7 percentage points in July, reaching a record 78 percent of households in the country. The increase from July 2021 stood at 6.6 percentage points. The data can be found… Read More »Indebtedness assails 78% of families in Brazil
Brazilian micro and small enterprises played an important role in the creation of formal jobs in the first half of the year. Out of the approximately 1.33 million formal jobs created in Brazil from January to June, 961,200 – 72.1… Read More »Brazilian small businesses generate 72% of job vacancies in first half
With the inclusion of over 2.2 million new families in the federal government’s income transfer program Brazil Aid (Auxílio Brasil), a total of 20.2 million socially vulnerable beneficiaries will start receiving BRL 600 this month. The original amount was BRL… Read More »Welfare programm Brazil Aid reaches 20.2 million beneficiaries