Federal revenue in 2024 expected to be second-highest on record, aiding efforts to erase primary deficit 01/13/2025 Boosted by extraordinary payments from oil giant Petrobras and the Brazilian Development Bank (BNDES), Brazil’s federal revenue from dividends and profit-sharing rebounded in 2024, helping the government stay within its fiscal target range. Government projections indicate R$72.97 billion […]
Price levels prompt only selective strategies among major asset managers, which remain cautious on domestic markets 01/10/2025 Pessimism continues to dominate sentiment among key Brazilian asset managers, following a peak in negativity during November and December sparked by frustration over the government’s spending review package. While the significant decline in domestic asset prices has made […]
IPCA accelerated to 0.52% in December; Central Bank’s inflation target was set at 3%, with a tolerance of up to 4.5% 01/10/2025 Brazil’s official inflation rate, measured by the Broad National Consumer Price Index (IPCA), accelerated to 0.52% in December 2024, up from 0.39% in November. This brought the IPCA to a year-end increase of […]