Economy

After a year during which import growth consistently outpaced the rise in exports, Brazil's trade dynamics are starting to reverse, with year-to-date data showing outbound shipments... 2011-03-28

BMI View: Our view that Brazil's monetary policy makers would turn to macro-prudential measures rather than aggressive interest rate hikes to control inflation is firmly playing... 2011-03-15

BMI View: Our view that Brazil's monetary policy makers would turn to macro-prudential measures rather than aggressive interest rate hikes to control inflation is firmly playing... 2011-03-15

With appreciatory pressures remaining robust and the US dollar on the back foot, we believe that the real is again set to test the BRL1.6500/US$ level in the very near term. However,... 2011-03-09

Our long-held view that Brazilian growth is set to consolidate at lower levels in 2011 after a record breaking 2010 is already playing out, with the seasonally adjusted economic activity... 2011-03-02

BMI View: Brazil's unemployment rate jumped to 6.1% in January from 5.3% in December, but with this still a considerable improvement on the 7.2% level recorded back in January 2011,... 2011-03-02

BMI View: President Dilma Rousseff's announcement of BRL50bn in spending cuts reinforces our view that the government is determined to play a role in reducing inflation, and should... 2011-02-10

The discrepancy between Brazil's supply and demand dynamics continues to widen, with industrial production growth of just 3.3% year-on-year (y-o-y) in December being far outpaced by... 2011-02-03

BMI View: The pace of credit growth in Brazil finally slowed in December, dropping slightly to 20.5% year-on-year (y-o-y) from 20.8% y-o-y in November. While the print will come as... 2011-02-03

BMI View: The pace of credit growth in Brazil finally slowed in December, dropping slightly to 20.5% year-on-year (y-o-y) from 20.8% y-o-y in November. While the print will come as... 2011-02-03