Brazilian economy contracts in Q12018-05-17
The Brazilian economy contracted by 0.13 percent in the first quarter of the year, according to the central bank's Index of Economic Activity (IBC-Br) released on Wednesday.
Brazil successfully ends recession, Temer says2018-05-16
Brazilian President Michel Temer said on Tuesday that his administration has taken the country out of debt and successfully overcome the brutal economic recession of the past two years.
Facebook to launch news fact-checking service in Brazil2018-05-11
Facebook announced on Thursday it is launching a news fact-checking service in Brazil, ahead of the general elections in October, in association with the fact-checking agencies Lupa and A los Hechos.
Brazil vehicle production climbs by 40 pct in April2018-05-08
Vehicle production in Brazil climbed by 40 percent in April year-on-year, the national association of automakers, Anfavea, announced on Monday.
Brazilian gov't estimates GDP to grow 3 pct in 20182018-04-20
The Brazilian government maintains the estimates for gross domestic product (GDP) growth in 2018 and 2019 at 3 percent though recent indicators were below expectations, said Finance Minister Eduardo Guardia Thursday.
Petrobras to sell four refineries as part of mass divestment2018-04-20
Brazilian national oil company Petrobras announced on Thursday it is reducing its stake in four oil refineries as part of its ongoing divestment of assets program.
IMF estimates Brazil to have primary surplus in 20222018-04-19
Brazil will manage to recover enough to register an annual primary budget surplus in 2022, the International Monetary Fund (IMF) said in a report on Wednesday.
Richest 10% holds almost half of Brazil's income: 2017 survey2018-04-12
Just 10 percent of the population held 43.3 percent of Brazil's entire income, the official statistics agency said Wednesday, announcing the results of a survey conducted last year.
Brazil's quarterly unemployment rate rises in January after consecutive falls2018-03-01
Brazil's unemployment rate rose slightly to 12.2 percent in the quarter ending in January mainly due to seasonal effects, following consecutive falls, authorities said Wednesday.
Brazil notches up record primary surplus in January2018-03-01
Brazil's public sector registered a primary budget surplus of 46.94 billion reals (14.5 billion U.S. dollars) in January, the highest monthly record since December 2011, the central bank said Wednesday.
Brazilian industry resumes growth after three years of decreases2018-02-02
After three years of contraction, the Brazilian industry reported a 2.5-percent annual growth in 2017, showed data released Thursday by the state statistics agency IBGE.
S&P downgrades Brazil's sovereign bonds2018-01-12
American financial services company Standard & Poor's (S&P) announced their decision on Thursday to downgrade Brazil's long-term foreign and local currency sovereign bonds from BB to BB-.
Survey shows slight drop of illiteracy rate in Brazil2017-12-22
The illiteracy rate of Brazilians aged 15 and above slightly dropped to 7.2 percent in 2016 from 8 percent in 2015, the country's official statistics agency IBGE announced Thursday.
Richest 1 pct holds 28 pct of all wealth in Brazil: survey2017-12-15
The richest 1 percent of the Brazilian population own 28 percent of the country's wealth, according to an international report on inequality released on Thursday.
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