Brazil - Sasa Akaunti

Brazil’s current account deficit widened sharply to USD 7.87 billion in October 2019 from USD 1.96 billion in the corresponding month of the previous year and compared with market forecasts of a USD 5.48 shortfall. The goods surplus narrowed to USD 0.49 billion from USD 5.35 billion in October 2018 and the services gap increased to USD 3.58 billion from USD 3.32 billion. Also, the primary income deficit rose to USD 4.86 billion from USD 4.13 billion and the secondary income surplus decreased to USD 0.07 billion from USD 0.14 billion a year earlier.

Brazil’s current account deficit widened to USD 3.49 billion in September 2019 from USD 0.19 billion in the same month of the previous year and compared with market expectations of a USD 3.95 billion shortfall. The primary income gap rose to USD 2.65 billion from USD 2.48 billion in September 2018 and the services deficit jumped to USD 2.73 billion from USD 2.49 billion. In addition, the goods surplus narrowed sharply to USD 1.68 billion from USD 4.70 billion while the secondary income surplus went up to USD 0.21 billion from USD 0.77 billion.

Brazil's current account deficit widened to USD 4.27 billion in August 2019 from USD 1.76 billion in the corresponding month of the previous year and compared with market expectations of a USD 3.96 billion shortfall. The primary income gap increased sharply to USD 4.73 billion from USD 1.04 billion a year earlier. Meanwhile, the goods surplus rose to USD 2.66 billion from USD 2.33 billion, as imports dropped 16 percent while exports fell at a slower 12.7 percent. Additionally, the services gap narrowed to USD 2.46 billion from USD 3.23 billion and the secondary income surplus went up to USD 0.25 billion from USD 0.18 billion. Considering the first eight months of the year, the country recorded a USD 30.28 billion current account shortfall, compared to a USD 18.37 billion deficit in the same period of 2018.

Brazil's current account deficit widened to a USD 9.04 billion in July 2019 from USD 4.40 billion in the same month of the previous year and compared with market forecasts of a USD 5.903 billion gap. It was the largest current account shortfall since January 2015, as the goods surplus narrowed to USD 1.60 billion from USD 3.55 billion a year earlier, as exports fell 11.1 percent while imports declined a softer 2.9 percent. Also, the primary income gap rose to USD 7.93 billion from USD 5.12 billion. On the other hand, the services shortfall declined to USD 2.96 billion from USD 3.01 billion in July 2018 and the secondary income surplus went up to USD 0.25 billion from USD 0.19 billion. Considering the first seven months of the year, the country recorded a USD 21.68 billion current account deficit, compared to a USD 4.40 billion gap in the corresponding period of last year.

Brazil's current account balance shifted to a USD 2.91 billion deficit in June 2019 from a USD 0.16 billion surplus in the corresponding month of the previous year and compared with market expectations of a USD 1.5 billion shortfall. The goods surplus narrowed to USD 4.30 billion from USD 5.51 billion a year earlier, as exports dropped 10.8 percent namely soy and manufactured goods sales to Argentina and imports fell 6.7 percent. Additionally, the services gap widened to USD 3.28 billion from USD 2.98 billion, mostly due to intellectual property; and the primary income shortfall rose to USD 4.12 billion from USD 2.54 billion. Meanwhile, the secondary income surplus increased slightly to USD 0.19 billion from USD 0.18 billion. Considering the first half of the year, the country recorded a USD 10.55 billion current account gap, compared to a USD 8.0 billion shortfall in the same period of 2018.

Brazil's current account surplus narrowed to USD 0.66 billion in May 2019 from USD 0.90 billion in the corresponding month of the previous year. The services deficit widened to USD 2.99 billion from USD 2.73 billion a year earlier and the primary income shortfall increased to USD 2.48 billion from USD 2.17 billion. On the other hand, the goods surplus rose to USD 5.69 billion from USD 5.56 billion in May 2018 and the secondary income surplus advanced to USD 0.45 billion from USD 0.24 billion.