Monday, September 3, 2012

Reuters: US Dollar Report: Brazil posts August trade surplus of $3.2 bln

Reuters: US Dollar Report
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Brazil posts August trade surplus of $3.2 bln
Sep 3rd 2012, 18:16

RIO DE JANEIRO, Sept 3 | Mon Sep 3, 2012 2:16pm EDT

RIO DE JANEIRO, Sept 3 (Reuters) - Brazil posted a trade surplus of $3.227 billion in August, the Trade Ministry said on Monday, shrinking from the same month last year as the weak economy hit trade flows.

Still, the result topped expectations of a $3 billion surplus, according to the median forecast of 6 analysts surveyed by Reuters.

Brazil had a trade surplus of $3.893 billion in August of 2011.

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