Brazilian states report good financial stability and economic growth
Sunday, March 2, 2008
According to sources, the Southern Brazil has enjoyed a phase of growing financial stability.
The Brazilian Central Bank (BCB) has announced that the region benefits from low inflation, growing foreign trade and more jobs.
According to reports by anba.com, the figures are based on performances until the end of third quarter, which suggests that southern regions are ahead of others in the country.
Economic Policy Director, Mario Mesquita, has said that the southern region has been witnessing rapid expansion, with foreign trade growing intensely in the region and also in Parana.
An additional 133,300 jobs have come up in the south in a span of three months, until November 2007. The retail trade on the other hand, has reported an eight percent growth over an eight-month period last year.
Parana, which borders Paraguay and Argentina, includes more than ten million population, and is still a major producer of coffee.
Social BookmarkingThe Brazilian Central Bank (BCB) has announced that the region benefits from low inflation, growing foreign trade and more jobs.
According to reports by anba.com, the figures are based on performances until the end of third quarter, which suggests that southern regions are ahead of others in the country.
Economic Policy Director, Mario Mesquita, has said that the southern region has been witnessing rapid expansion, with foreign trade growing intensely in the region and also in Parana.
An additional 133,300 jobs have come up in the south in a span of three months, until November 2007. The retail trade on the other hand, has reported an eight percent growth over an eight-month period last year.
Parana, which borders Paraguay and Argentina, includes more than ten million population, and is still a major producer of coffee.
Labels: Economy
