Brasília – The forecast of finance sector analysts for the growth of the Brazilian economy this year has been increases slightly. The estimate for expansion of the Gross Domestic Product (GDP) has been increased from 3.22% to 3.23%. For 2013, the estimate has remained at 4.3%.
The estimate for growth of industrial production this year has dropped from 2.02% to 1.92%. For 2013, the estimate has dropped from 4% to 3.95%.
The forecast for relations between public sector net debt and GDP was altered from 36.2% to 36.1% this year and down to 34.7% in 2013.
The exchange rate expectation has also risen. Expectation are for each dollar to be sold for R$ 1.81, as against R$ 1.80 before, both for the end of this year and for the end of 2013.
The forecast for the trade surplus (positive difference between exports and imports) has been adjusted from US$ 19.2 billion to US$ 19.22 billion in 2012, and from US$ 14.5 billion to US$ 14.7 billion next year.
Expectations for foreign direct investment (funds for the productive sector in the country) rose US$ 56.4 billion to US$ 56.7 billion in 2012, and from US$ 55.7 billion to US$ 56.4 billion next year.
*Translated by Mark Ament