Brasil - Resultado fiscal en términos nominales

Brazil's nominal budget deficit widened to BRL 10.89 billion in October 2019 from BRL 6.11 billion in the same month of the previous year but better than market expectations of a BRL 25 billion shortfall. Still, the primary budget surplus rose to BRL 9.44 billion from BRL 7.80 billion a year ago, as state-owned enterprises surplus widened to BRL 1.12 billion from BRL 0.69 billion and regional governments deficit fell significantly to BRL 0.22 billion from BRL 3.09 billion. Meanwhile, the central government surplus decreased slightly to BRL 8.55 billion from BRL 10.20 billion a year ago.

Brazil's nominal budget deficit widened to BRL 45.92 billion in September 2019 from BRL 39.17 billion in the same month of the previous year and compared with market expectations of a BRL 48.7 billion shortfall. Meantime, the primary budget gap narrowed to BRL 20.54 billion from BRL 24.62 billion in the previous year, as the central government budget deficit decreased to BRL 20.63 billion from BRL 24.29 billion a year earlier. State-owned enterprises shortfall also declined to BRL 0.26 billion from BRL 0.47 billion while the regional governments surplus dropped to BRL 0.17 billion from BRL 0.79 billion a year ago.

Brazil's nominal budget deficit narrowed to BRL 63.64 billion in August 2019 from BRL 76.93 billion in the corresponding month of the previous month, but was larger than an expected BRL 53.75 billion gap. Meantime, the primary budget deficit narrowed to BRL 13.45 billion from BRL 16.88 billion in the previous year, as the central government budget gap shrank to BRL 16.46 billion from BRL 20.85 billion a year ago. State-owned enterprises deficit also decreased to BRL 0.36 billion from BRL 0.59 billion and regional governments deficit slumped to BRL 2.66 billion from BRL 3.38 billion a year earlier.

Brazil's nominal budget deficit rose marginally to BRL 30.26 billion in July 2019 from BRL 29.16 billion in the corresponding month of the previous month but was larger than market expectations of a BRL 26.4 billion shortfall. Meantime, the primary budget deficit narrowed to BRL 2.76 billion from BRL 3.40 billion in the previous year, as the central government gap shrank to BRL 1.40 billion from BRL 2.68 billion a year ago. However, state-owned enterprises surplus decreased to BRL 0.56 billion from BRL 1.12 billion and regional governments deficit rose slightly to BRL 1.92 billion from BRL 1.85 billion a year earlier.

Brazil's nominal budget deficit narrowed to BRL 30.10 billion in June 2019 from BRL 57.94 billion in the corresponding month of the previous year and compared with market consensus of BRL -50.6 billion. Also, the primary budget gap decreased to BRL 12.71 billion from BRL 13.49 billion in the previous year, as the central government shortfall fell to BRL 12.21 billion from BRL 14.95 billion a year earlier while state owned enterprises recorded a BRL 0.44 billion deficit compared to a BRL 1.11 billion surplus a year ago. Meantime, state-owned enterprises budget shifted to a BRL 1.11 billion deficit from BRL 0.49 billion surplus in the same month of the prior year.

Brazil's nominal budget gap was little-changed at BRL 47.56 billion in May 2019, compared to BRL 47.90 billion in the corresponding month of the previous year and market expectations of BRL 50.25 billion. Also, state-owned enterprises budget deficit widened to BRL 1.54 billion from BRL 0.07 billion a year ago. Meantime, the primary budget surplus increased to BRL 13.01 billion from BRL 8.22 billion in the previous year, as the central government gap rose to BRL 13.19 billion from BRL 11.12 billion a year ago and state owned enterprises posted a BRL 1.06 billion deficit compared to a BRL 0.67 billion surplus a year ago.