Economy

BMI View: Real GDP growth continues to impress, and we believe that Brazil's improving macroeconomic environment will be supportive of higher rates of economic activity going forward.... 2007-06-15

The Bovespa stock index has continued its steely performance in recent weeks and is currently trading at 52,049, albeit slightly down from the high of 53,422 achieved on June 1. The... 2007-06-07

The Banco Central do Brazil cut its benchmark Selic interest rate by 50bps at June's monetary policy meeting, bringing it to 12.00%.

BMI View: Brazil's external accounts continue to impress as export growth remains robust on the back of strong global demand, particularly from faster growing economies in Asia.... 2007-06-04

BMI View: Consumer price inflation, as measured by the IPCA index, came in at 2.96% y-o-y in March, down from the 3.02% registered in February. On a month-on-month basis, IPCA rose... 2007-05-11

Broad money supply growth, as measured by M3, has been slowing in recent months even as the Brazilian economy has accelerated. In March, M3 grew by 16% y-o-y, slightly slower than... 2007-05-10

BMI View: Brazil''s external sector continued to impress as both the current and financial accounts recorded surpluses in March. While the current account has narrowed slightly in... 2007-04-30

BMI View: According to Brazil's 2008 budget guideline report published in early April, the government has reduced its primary fiscal surplus target. We do not see this as a negative... 2007-04-25

BMI View: Despite the strong appreciation of the real exports have been buoyed by historically high commodity prices. In March, Brazil's exports expanded by 13.1% y-o-y to a total... 2007-04-17

The real has continued to appreciate on the back of strong macroeconomic fundamentals, combined with large dollar inflows. The unit is now trading at a new six-year high and to the... 2007-04-17