BRASILIA The fate of Latin America's two main currencies have contrasted so much lately that traders and analysts are questioning whether Brazil's real can keep rallying while the Mexican peso slides.
BRASILIA, June 13 Services activity in Brazil
rebounded in April from a sharp fall in the previous month,
government statistics agency IBGE said on Thursday, marking the
first rise this year, although growth was slower than economists
BRASILIA, June 12 Retail sales in Brazil
unexpectedly fell in April, government statistics agency IBGE
said on Wednesday, another indication that the economy's
broad-based weakness in the first quarter of the year is
spilling over into the second.
BRASILIA, June 7 Consumer price inflation in
Brazil eased in May, government statistics agency IBGE said on
Friday, with the first annual decline this year offering an
early sign that inflation may have peaked and is heading back
towards the central bank's target.
BRASILIA Brazil's annual rate of inflation likely eased in May, according to a Reuters poll of economists, falling for the first time this year in a sign that it may have peaked, while remaining well above the central bank's target.
BRASILIA, June 5 Economic activity in Brazil
shrank in May, IHS Markit's monthly purchasing managers index
surveys showed on Wednesday, raising the risk that Latin
America's largest economy could be back in recession.
BRASILIA Brazilian banks are chalking up "excessive" profits, Economy Minister Paulo Guedes said on Tuesday, adding that the country needs an injection of competition to end what he called the cartels that dominate many of its major sectors.
BRASILIA, June 4 Industrial production in Brazil
rose 0.3% in April from March, government statistics
agency IBGE said on Tuesday, less than half the rate expected
and another sign that the economy is struggling to gain
BRASILIA Brazil's trade surplus widened in May to $6.42 billion, the Economy Ministry said on Monday, its biggest so far this year and driven by a 5.6% rise in exports from the month before.
BRASILIA, June 3 Growth in Brazilian
manufacturing activity slowed to its weakest pace in ten months
and virtually ground to a halt in May, data on Monday showed,
the latest sign that Latin America's largest economy may be
slipping towards recession.