* Brazil’s central bank (BCB) has released new figures which show that foreign direct investment (FDI) to the country totalled US$2.5bn in October, a figure that was down from the US$3.1bn received in October 2020. However, in the 12 months to October 2021, FDI was up slightly to US$49.2bn (equivalent to 3.06% of GDP), from US$45.9bn (3.05% of GDP) a year earlier. These FDI figures were released as part of data on Brazil’s external sector, which show that the country recorded a balance of payments deficit of US$4.5bn in October, compared with a US$1.2bn balance of payments deficit in October 2020.
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