The Secretary of Economic Policy, Guilherme Mello, mentions a stronger crop and an increase in oil production this year
The Secretary of Economic Policy of the Ministry of Finance, Guilherme Mello, said on Thursday (13.FEV.2025) expect the exchange rate SIGA VALUED in 2025. mentioned 2 factors:
- stronger crop; and
- greater oil production.
Mello spoke about the theme by commenting on the report “2024 in retrospective and what to wait for 2025 ”. Ice A (PDF – 702 KB).
The economist said there was a “Global process of strengthening the dollar” and a consequent weakening of other currencies, among them the real.
Stated that the volatility of the Brazilian border is not “desirable”but is linked to a history in the country. “AND a structural issue of the Brazilian economy ”he said in an interview with journalists.
“The Brazilian exchange rate has always been a champion or runner-up for decades”, He added.
Labor market
The holder of the Secretariat of Economic Policy also said that the labor market should continue to be warm, but at a lower pace. “You will probably see a cooling in labor market pressures in 2025, just because the industry, which is a very intensive sector at work, which is services. He must continue to grow, but at a more moderate pace than in 2024 ”he declared.
Guilherme Mello made the caveat that SPE does not make projections on the job market. “Brazil never came to this level of unemployment, which is good news”he added.
