Brazil - Balance of Payments - Oct/2013

The balance of payments registered a deficit of USD 4.5 billion in October. The current account deficit reached USD 7.1 billion in the month and $ 67.5 billion in the year through October, more than in the same period 2012, USD 39.6 billion. In the last twelve months, the accumulated current account deficit of $ 82.2 billion, equivalent to 3.67% of GDP.

The net balance of Brazilian direct investment abroad and foreign investment in Brazil reached USD 5.5 billion in October

Foreign portfolio investment showed net inflows of $ 388 million in October and totaled USD 41 billion in the last 12 months.

The chart below shows the historical data of Brazil's balance of payments:

Source: Central Bank o Brazil

The complete tables, published by the Central Bank of Brazil, are in link:

http://www.bcb.gov.br/?BALANCESPECIAL

Brazil - Inflation Oct-2013

The official inflation index reached 0.57% in October, and in the last 12 months, accumulates 5.84%, and it is with a slight downward trend, as we can see in the chart below.

By decomposing the ratio between monitored and non-monitored prices, we can see that, while non-monitored prices rose 7.4% in the last 12 months, monitored prices rose only 1%. Monitored prices are mostly prices of electricity power, fuel and bus fares, and are sectors where the government intervened to prevent price increases to curb inflation.

More details can be found at:

http://migre.me/gFcgH

Brazil: Gross Public Debt

The Brazilian gross public debt totaled BRL 2.8 trillion in September (in USD, about 1.3 trillion), and reached a level of 58.8% of GDP. The domestic and external gross debt achieved respectively 55.8% and 3% of GDP. The debt, mesuared as percentual of  GDP, had a slight decrease compared to the month before, when it reached 59.15%, and is virtually the same level of September of 2012, when it was 57.8%.

The chart below shows the recent evolution of gross debt to GDP.

Source: Central Bank of Brazil