AGP Executive Report
Last update: 8 hours agoSelic Cut, Still Too High for Industry: Brazil’s central bank delivered a fourth straight Selic cut, but Firjan and CNI say credit remains expensive and is still delaying investment and modernization, with manufacturing growth stuck at 0.4% in the first half. Pix Expansion with China: Brazil and China launched a pilot letting Chinese UnionPay users pay in Brazil by scanning Pix QR codes at participating merchants, aiming to speed travel and trade. Digital Ads Integrity: Pixalate’s Q2 Web and Mobile Seller Trust Index 2.0 shows authorized inventory resold via arbitrage fell to 15.3% on web and 15.2% on mobile, with Brazil flagged for a rise in primarily arbitrage mobile sellers. Coffee Watch: Coffee futures eased as dry-weather forecasts for Brazil’s main regions supported faster harvesting, while arabica harvest progress lagged last year. Sugar Tightness Signal: Sugar prices jumped on lower Brazil Center-South output and rising global deficit forecasts, with India’s monsoon worries adding support. Circular Manufacturing in São Paulo: ChopValue plans a Brazil microfactory in São Paulo to turn discarded bamboo chopsticks into materials for furniture and interiors, opening in early 2027.
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