Brazilian trade balance has a surplus of $7.46 bn

The trade balance registered a surplus of $7.463 bn in June, reported the Ministry of Economy. This is the highest trade balance for the month of June of the entire series, which started in 1989. Compared to June last year, there was a 38.8% increase in the balance. In the first semester, the government reported a positive balance of $23.035 bn, 10.3% less than in the same period of 2019.

Source: G1

Inflation at Brazilian plants outflow rises to 1.22%

The Producer Price Index (PPI), which measures inflation at the output of factories, stood at 1.22% in May this year. The rate is higher than the 0.11% registered in April. The PPI has accumulated inflation of 3.37% for the year and 4.60% over 12 months. Among the four major industry categories, the highest inflation was observed among capital goods (3.08%).

Source: Agencia Brasil