Pre-release Sky Spa Residences at Natal's most élite private resort
Unique opportunity to become part of the finest and most exciting 5-star hotel branded resort on Brazil's north-east coast. Register your interest for our upcoming Sky Spa Residences with private jacuzzis, luxurious furnishings and lagoon style pools in this most special of places, the most dramatic and beautiful location on Natal's northern shores.
Pre-release registrations only can secure units for £98,000.
Brazil Property News: Food price rises may hold Brazilian interest rate cut
5th September 2007 05:19
Recent food price rises could hold back any prospective interest rate cut in Brazil.
The Brazil's central bank is keen to hold back any inflation increases, although current indicators are below target, in a bid to maintain economic stability in the country.
Currently Brazil's interest rates stand at 11.5 per cent, the highest level in Latin America, but there had been hopes that they would be cut by a quarter per cent.
Nathan Blanche, an economist at research company Tendencias Consultoria, told Bloomberg: "Signs of inflation in the domestic market will force the central bank to be more parsimonious.''
Food prices rose 1.27 per cent in July putting pressure on general inflation, which the central bank will be keen to nip in the bud.
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