AGP Executive Report
Last update: 4 hours agoElection and Markets: Brazil’s Oct. 25 runoff is keeping investors on edge after Flávio Bolsonaro’s first-round lead triggered a rally in Brazilian assets. Inflation and Fuel: September inflation reached 0.82% for the month and 4.58% year over year. Lula’s government has cut gasoline import and sales taxes for 30 days and expanded ethanol and diesel subsidies ahead of the vote. Trade: Brazil posted a $7.74 billion trade surplus in September, while oil has overtaken soybeans as the country’s top export this year. Digital Payments: Pix now serves about 170 million people and businesses, with more than 1 billion registered payment keys.
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