Brasília – Analysts from financial institutions polled by the Brazilian Central Bank expect the Gross Domestic Product (GDP), which is the sum of all goods and services produced in the country, to be up 3.1% this year, a slight upward revision from the previous projection (3.09%). The estimate for 2014 has been revised down from 3.65% to 3.5%.
The industrial output growth estimate has been revised from 2.86% to 3%, for this year, and maintained at 3.75% for 2014.
The dollar-to-real ratio forecast has been maintained at R$ 2 for US$ 1 by the end of 2013, and from R$ 2.05 to R$ 2.06 for US$ by the end of 2014.
The forecast for the trade surplus (positive result for exports minus imports) has dropped from US$ 15 billion to US$ 14.9 billion for this year and from US$ 14.5 billion to US$ 13.65 billion for 2014.
The expected foreign direct investment (funds that go into the productive sector) has been maintained at US$ 60 billion both for 2013 and 2014.
*Translated by Gabriel Pomerancblum