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Murray News

Small consumers could drive free power market to R$120bn by 2040

Nearly R$52bn may stem from low voltage migration, says strategy&; free supplier choice could capture 65% of the market 11/10/2024 The complete opening of Brazil’s electricity market to consumers on low voltage connections could generate an estimated R$120 billion by 2040. Of this total, R$52 billion would come from new consumers migrating to the free […]

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11 de October de 2024/by Gelcy Bueno
Murray News

Core retail sales drop 0.3% in August, below expectations, IBGE says

The median estimate from 26 consultancies and financial institutions surveyed by Valor Data expected a 0.6% decline in the period 11/10/2024 Core retail sales volumes dropped 0.3% in August compared to July, in seasonally adjusted terms, according to the Monthly Survey of Trade (PMC) released by the Brazilian Institute of Geography and Statistics (IBGE) on […]

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11 de October de 2024/by Gelcy Bueno
Murray News

Brazil’s financial account to post record U.S. dollar outflows in 2024

Capital flight from Brazil has not yet impacted local currency significantly, but it is restricting gains 10/11/2024 U.S. dollar outflows from Brazil through the country’s financial account totaled $52.4 billion between January and September, marking the second-largest outflow for the period in history. The negative financial flow this year is on track to become the […]

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11 de October de 2024/by Gelcy Bueno
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