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Construction entrepreneurs’ confidence in Brazil improves in May
The construction entrepreneurs’ confidence index in Brazil reached 56 in May, from 51 in April, reflecting positive expectations among contractors.
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FDI in Brazil increased by 117% y/y in April
Foreign Direct Investment (FDI) in Brazil was USD 3.5bn in April 2021, compared to USD 1.6bn in the same month of 2020.
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Brazil’s federal tax revenue soared in April
Tax revenue received by the Brazilian federal government rose by 55% y/y in April.
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Inflation in the US keeps accelerating
Both consumer and producer prices in the US grew at a higher rate in April 2021, contributing to the self-fulfilling prophecy of racing inflation.