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LatAm   The central bank said:

Brazil posts November current account deficit of $878 million

Brazil central bankBrazil posted a current account deficit of $878 million in November, compared with a deficit of $3.3 billion the previous month, the central bank said.

The latest data brings the 12-month deficit to $20.3 billion, compared with a deficit of $22.3 billion in October.

READ MORE Brazil has lost 104,600 jobs in February

Net foreign direct investment in November was $8.8 billion, compared with $8.4 billion in October, the central bank said.

The 12-month figure for net foreign direct investment was $78.9 billion or 4.38% of GDP, up from $75.1 billion, or 4.20% of GDP in October.




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