São Paulo – Financial institutions polled by the Brazilian Central Bank have nudged down their economic growth forecast for this year. The Gross Domestic Product (GDP) growth estimate is down from 1.7% to 1.69% in 2014 and remained at 2%, in 2015. These projections are part of the monthly Central Bank poll of financial institutions, about the main economic indicators.
The industrial output estimate is also down from 1.41% to 1.38% for this year, and remains at 3% for 2015. The trade surplus forecast is down from US$ 4.71 billion to US$ 4.25 billion, in 2014, and remains at US$ 10 billion for next year.
The dollar price forecast has been revised down from R$ 2.49 to R$ 2.46, in 2014, and remains at R$ 2.55, for next year. The foreign direct investment forecast was revised up from US$ 55.4 billion to US$ 59 billion this year and remained at US$ 55 billion in 2015.
*Translated by Gabriel Pomerancblum
