Brasília – Financial institutions’ estimate for the economy growth, this year, remains in a downward trend. For the tenth time in a row, the Gross Domestic Product (GDP) growth estimate has been revised down. This time, the estimate moved from 0.90% to 0.86%. For 2015, the GDP growth estimate remains at 1.5%.
These projections are part of the monthly Brazilian Central Bank poll of financial institutions. The estimate for the industrial output downturn was changed from 1.15% to 1.53%, and a rebound is expected, with a growth of 1.70%, for 2015. The trade surplus estimate (positive balance of exports minus imports) remains at US$ 2 billion, this year, and was moved down from US$ 9.4 billion to US$ 8.5 billion, in 2015.
As regards foreign direct investment, which goes to the productive sector of the economy, the projection remains at US$ 60 billion, in 2014, and US$ 55 billion, next year. Dollar price projection remains unchanged at R$ 2.35, this year, and R$ 2.50, in 2015.
*Translated by Rodrigo Mendonça
