Brazil's external trade surplus narrowed to US$1.21 billion in October from US$2.7 billion recorded in September, the Trade and Development Ministry said Monday. Economists had expected a trade surplus of US$1.57 billion.
Exports accounted for US$18.5 billion in October, down from US$20.02 billion seen in the preceding month and an expected US$19.34 billion. On the other hand, imports amounted to US$17.3 billion versus September's US$17.26 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.