BRASILIA (Reuters) -Brazil recorded a current account deficit of US$8.791 billion in January, with the accumulated deficit in 12 months totaling the equivalent of 2.87% of Gross Domestic Product (GDP), the Central Bank said this Friday. fair, under the impact of stronger remittances of profits abroad.
The result came in worse than market expectations, according to a Reuters poll of specialists, which pointed to a deficit of US$8.2 billion in January.
In the month, direct investments in the country reached 6.877 billion dollars, below the 7.1 billion dollars projected in the survey.
The data for the month was driven by a deficit in the primary income account, of 7.808 billion dollars, compared to a deficit of 5.737 billion dollars in January 2022.
In this segment, net remittances of profits and dividends increased to 4.500 billion dollars, compared to 2.478 billion dollars in the equivalent month of last year.
The trade balance surplus last month was 1.208 billion dollars, above the negative balance of 1.355 billion dollars in January 2022.
The deficit in the services bill was US$2.274 billion, against US$2.565 billion in the same month last year.
(By Bernardo Caram. Edited by Flávia Marreiro)
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