Brazil’s central bank raised its 2020 gross domestic product growth forecast to 2.2% in its latest quarterly inflation report from 1.8% previously. Brazil’s unemployment rate fell from 12.5 percent earlier in 2019 to about 11.8 percent in August.
Brazil’s economy increased by 0.6 per cent in the third quarter of 2019, beating experts’ expectations and bolstering hopes of a cyclical improvement in Latin America’s largest country.
Compared with the same quarter last year, the economy grew by 1.2 per cent, above analysts’ expectations of 0.9 per cent.
Florida is one of the world’s favourite destination not only for travelling but also for investing in property. Here is an overview of the real estate market and economy in the state in Quarter 3 of 2019. The Florida Realtors’ latest report shows new positive figures. They stated that more closed sales, higher median prices, more pending sales and rising pending inventory during the third quarter of 2019. Also, during those three months, more than 78,750 single-family homes were sold across Florida. This figure shows an increase of 8.1 percent from the same quarter of 2018.
The economy of Ceará grew at twice the national rate in the second quarter of 2019. The gross domestic product (GDP) of Ceará, between April and June this year, closed at 2.08%. Which shows an increase compared to the same period last year.
Figures released on the 15th of May, show that rental prices have gone over experts’ expectations, as well as over the predicted inflation from January to April in 2019. In the first four weeks, the average rent cost has risen 2,5%. The increase hasn’t only been seen in the price but also in the number of rentals.
As interest rates have gone down in the last years to 6.5%, and the inflation is rising but in a fairly controlled way, the expectations are very positive as people will have better borrowing conditions, will consume more and therefore increase the GDP of the country. We can observe these changes regarding interest rates over the last years.