Economy

BMI View: The growth package announced by President Luiz Inácio Lula da Silva on January 22 is expected to stimulate economic activity over the next four years. While we welcome... 2007-02-07

Brazil's Bovespa stock index rallied in January, and is now trading close to its record high of 45,382. From a technical perspective, a significant breach above this level would be... 2007-02-06

BMI View: Brazil posted a record balance of payments surplus of US$30.5bn in 2006. This outturn was driven by the robust external sector, which saw exports also reach a record level,... 2007-01-31

BMI View: Broad consumer inflation, as measured by the IPCA index, rose by just 3.14 % y-o-y in December. This was a little higher than November's reading of 3.02% y-o-y, but well... 2007-01-16

Brazil's benchmark Bovespa equity index dropped through trendline support at 44,500 on January 5 and is now trading at 42,628. The weakness in the Bovespa is largely due to the trajectory... 2007-01-16

BMI View: BMI 's sovereign risk ratings index for emerging markets has been revised in recent weeks, offering our subscribers an up-to-date guide to the debt servicing capabilities... 2007-01-16

BMI View: Despite the Finance Ministry's good track record, we believe that Brazil's government 2007 budget includes provisions which pose downside risks to our projections for... 2007-01-16

BMI View: We believe that Brazil's monetary authorities will reduce both the magnitude and speed at which the benchmark Selic rate is cut over

Brazil's benchmark Bovespa equity index recently hit a new all-time high of 42,308 in mid-November, and in the process taking out the previous high set in May before the EM shake-out.... 2006-12-11

Broad consumer inflation, as measured by the IPCA index, rose by just 3.26% y-o-y in October, which is well below the central bank's 4.5% target. Brazilian inflation has steadily... 2006-12-04