Brasília – Brazilian financial organizations analysts revised down for the eighth week in a row the economic growth forecast for this year. The projection for the growth of the Brazilian Gross Domestic Product (GDP), the sum of all the goods and services produced in the country, decreased to 0.97%. Last week, the forecast was 1.05%. As regards 2015, the estimate was maintained at 1.50%.
The projection for industrial output growth, this year, has also worsened, moving from a decline of 0.9% to 1.15%. As regards 2015, the estimate was revised from 1.8% to 1.7%.
The forecast for trade surplus (balance of exports minus imports) was revised from US$ 2.01 billion to US$ 2 billion for this year, and from US$ 9.4 billion to US$ 9.8 billion, in 2015.
The estimate for current transaction deficit (goods and services imports versus exports) was revised from US$ 80.75 billion to US$ 81.5 billion, in 2014, and from US$ 75 billion to US$ 74.1 billion, this year.
*Translated by Rodrigo Mendonça
