|Selic aa %||7,00||7,00|
The market discreetly adjusted its projections this week. You already think that inflation in 2018 will be in line with the target and the GDP both this year and 2018 will grow slightly higher.
The operating range of BACEN will be at 7.00%, and everything indicates that the commercial dollar between 2017 and 2018 will be restricted to a variety of US $ 3.15 to the US$ 3.30.
We have seen that expectations for business improvement are confident in all major industries. It is interesting to note that when the political situation is delicate, there is a high correlation with economic expectations. However, the central message is that entrepreneurs do not believe in improving or worsening the political situation. Thus the market imposes its dynamism and is taken off the tremendous political confusion that passes Brazil.
Real Estate Agencies
Perspectives for Agribusiness are favorable to society in 2017. After a grain drop of 10% last year. It is expected to increase by 15% this year.
The government decreed a new ordinance regarding the concept of forced labor, an exhaustive day and conditions similar to that of a slave, to grant unemployment insurance to the worker who will rescue under the supervision of the Ministry of Labor.
The Government announces 57 projects of concessions and privatization of public companies. With the goal of improving the Union’s cash and stimulating the economy, the government decided to make available to the private sector the management of 14 airports, 11 lots of transmission lines, 15 port terminals, as well as part of Eletrobrás. With the measure, the government expects to raise, from 2017, about R $ 44 billion over the years of the contracts.
Quick News Brazil October 19, 2017