Luciana Otoni – Reuters, 09/03/2012
Brazil’s trade surplus fell sharply in August from a year ago, forcing the government to cut its forecast for exports revenue this year as a gloomy world economy curbs the price and demand for local products.
The trade surplus was $3.227 billion in August, the Trade Ministry said o n M onday, above the $2.9 billion posted in July and analysts’ median forecast of $3 billion.
Still, the surplus fell 17 percent in August when compared with the same month last year.
