MNI: China To Ensure 5% GDP Amid Export Uncertainty: CASS's Yu

MNI: PBOC Net Drains CNY85.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1706 Fri; -1.30% Y/Y

MNI China Press Digest Feb 14: Fiscal Revenue, PBOC, Tax

MNI: Rise In US Consumer Delinquency Slowed In Q4 - NY Fed

MNI China Daily Summary: Thursday, February 13

US EIA:NAT GAS STORAGE -100 BCF TO 2,297 BCF FEB 07 WK

MNI: US JOBLESS CLAIMS -7K TO 213K IN FEB 08 WK

MNI: US JAN FINAL DEMAND PPI +0.4%, EX FOOD, ENERGY +0.3%

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

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

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BRAZIL: December Budget Balance, Unemployment Rate Due

BRAZIL
BulletEM BulletEmerging Market News
  • The public sector primary budget balance is expected to record a BRL 10.4bn surplus in December, following a BRL 6.6bn deficit the month before (1130GMT/0630ET). At the same time, the net debt to GDP ratio is seen edging down to 61.0% last month. This will be followed by December unemployment figures at 1200GMT(0700ET), where analysts expect the unemployment rate to remain unchanged at 6.1%.
    • Dec. Public Borr. Primary DE Monthly, est. 10.4b, prior -6.6b
    • Dec. Nominal Budget Balance, est. -69.1b, prior -99.1b
    • Dec. Brazil Public Net Debt %GDP, est. 61.0%, prior 61.2%
    • Dec. National Unemployment Rate, est. 6.1%, prior 6.1%
  • Meanwhile, Finance Minister Haddad said in an interview on local TV yesterday that the US has nothing to gain from a potential over taxation of Brazilian products. He also said that the Selic rate is already at a restrictive level and the government is predicting a reduction in economic growth ahead.
146 words

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.
  • The public sector primary budget balance is expected to record a BRL 10.4bn surplus in December, following a BRL 6.6bn deficit the month before (1130GMT/0630ET). At the same time, the net debt to GDP ratio is seen edging down to 61.0% last month. This will be followed by December unemployment figures at 1200GMT(0700ET), where analysts expect the unemployment rate to remain unchanged at 6.1%.
    • Dec. Public Borr. Primary DE Monthly, est. 10.4b, prior -6.6b
    • Dec. Nominal Budget Balance, est. -69.1b, prior -99.1b
    • Dec. Brazil Public Net Debt %GDP, est. 61.0%, prior 61.2%
    • Dec. National Unemployment Rate, est. 6.1%, prior 6.1%
  • Meanwhile, Finance Minister Haddad said in an interview on local TV yesterday that the US has nothing to gain from a potential over taxation of Brazilian products. He also said that the Selic rate is already at a restrictive level and the government is predicting a reduction in economic growth ahead.