Brazil Economy – Market expects inflation to reach 8.31% in 2015
Analysts and investors in financial markets again raise the inflation forecast closing measured by the Broad Consumer Price Index (IPCA) for 2015. The estimate high, which was 8.29%, is now 8.31%. The IPCA, calculated by the Brazilian Institute of Geography and Statistics (IBGE), checks the price variation of a set of products and services sold
Entities define reduction in the tobacco harvest 2015/16
Reduction of the Brazilian harvest tobacco for 2015/16. This is the result of the meetings held between Wednesday 29 and Thursday 30, at the headquarters of Afubra in Santa Cruz do Sul, between the entities representing tobacco growers and tobacco industries. The estimated reduce by 12% the production of Virginia variety and up to 20%,
Brazilian Tobaccos may be certified by the Ministry of Agriculture and earn more export competitiveness
Although not a legal requirement , certification and traceability of tobacco may also ensure the competitiveness of Brazilian products in foreign markets. Faced with the threat of African production , these actions can be a difference in the near future . Currently, Brazil is the world’s largest exporter , ahead of India , Zimbabwe and
- 1
- 2