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Growth in the Brazilian economy from 2018-2023, according to a study by BNDS (Brazil’s National Development Bank), should be between 2.5% and 3%. Consumption by families, during those six years, could see a real growth of 2.8% per year on average.
The increase of confidence is one of the foundations of the forecast models, which point to an acceleration of growth. In addition, the reduction of the basic interest rate from the second half of 2019, together with the improvement in confidence levels, will contribute to an economic environment that will induce greater investment and consumption.
In addition, plans for investment in 20 economic sectors, including 12 industrial and eight for infrastructure, reached R$1.03 trillion, nearly R$258 billion. The prospect is for real growth of 1.9% per year, on average, in investments throughout the period.
FEIMEC — International Machinery and Equipment Exhibition — takes place at the São Paulo Expo, the largest and most complete convention center in Latin America.
The metalworking industry is made up of companies focused on the manufacture and production of metals, including intermediary assets and services (foundries, forges, cutting and welding shops), and related products (consumer goods, machinery and equipment, vehicles and transportation equipment).
Informa Markets creates platforms for industries and specialized markets to do business, innovate and grow. Our global portfolio is composed of more than 550 international events and brands, with more than 30 located in Brazil.
We offer our clients and partners around the world network opportunities, live experiences and business through fairs and face-to-face events, specialized digital content and market intelligence solutions, building a skillful relationships between companies and markets 365 days a year.