Brasília – Financial analysts consulted by the Central Bank (BC) lowered their growth forecast for the GDP (GDP, the total sum of a country’s assets and wealth) from 0.19% to 0.18% in 2014. The information appeared on the Focus’s report, a weekly poll done with more than 100 financial institutions, released on Monday (8).
The 2015 forecast for the Selic, the benchmark short-term rate, went up. The estimation went from 12% to 12.5% a year. In the last meeting of the year, the Monetary Policy Committee (Copom) set the Selic at 11.75%, a raise of 0.5 percentage point.
The market also raised the forecast for the year for the current account deficit, the indicator that gauges the imbalance in external accounts, from US$ 83 billion to US$ 84.23 billion.
For the trade balance, analysts and investors kept the projection for zero balance for the year. Still holding is the expectation for the dollar at R$ 2.55. The estimated foreign direct investments (IED) should stay at US$ 60 billion.
*Translated by Sérgio Kakitani
