LatinNews Daily - 26 June 2025

*Brazil’s central bank (BCB) has released its latest figures for the country’s balance of payments, showing a current account deficit of US$2.9bn in May, up from a deficit of US$1.3bn in April and US$2.5bn in May last year. The accumulated deficit in the 12 months until May 2025 stood at US$69.4bn (3.26% of GDP), up from the deficit of US$69.0bn (3.24% of GDP) registered for the 12 months until April, and from the US$29.4bn (1.30% of GDP) in the 12 months until May 2024. The trade balance of goods in May this year showed a surplus of US$6.6bn, down from a surplus of US$7.4bn in April and from the US$7.5bn trade surplus registered in May 2024. Foreign direct investment (FDI) totalled US$3.7bn in May this year, down from US$5.5bn in April but up from US$3.0bn in May last year.

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