MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

MNI: UK NOV FINAL MANUF PMI 48.0 (FLASH 48.6); OCT 49.9

MNI: EUROZONE NOV FINAL MANUF PMI 45.2 (FLASH 45.2); OCT 46.0

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

MNI: EUROZONE OCT UNEMPLOYMENT RATE 6.3%

MNI: GERMANY NOV FINAL MANUF PMI 43.0 (FLASH 43.2); OCT 43.0

MNI: FRANCE NOV FINAL MANUF PMI 43.1 (FLASH 43.2); OCT 44.5

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Banco Mizuho on Brazil Business Confidence/Growth

BRAZIL
  • According to FGV, business confidence in Brazil fell a further 0.5% M/m in February, marking its fourth consecutive month of decline. The current conditions sub-index dropped 3.5% M/m, while the expectations sub-index rebounded 2.1%.
  • Confidence was mixed among the sectors covered in the survey in February, with declines in industry (-1.7% M/m) and service (-2.2% M/m) and increases in commerce (2.5% M/m) and construction (1.0% M/m). Industry confidence fell for a seventh consecutive month and it is now at the lowest level since July 2020. But the sector’s index remains above others.
  • Overall, the survey suggests that the rebound in economic activity at the end of last year is likely to be short-lived. Indeed, the service sector ́s cyclical recovery has shown signs of exhaustion and the industry sector is expected to continue facing high production costs and input supply problems for a while yet. Mizuho expect any growth this year to be moderate.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.