Brasília – Analysts of financial institutions approached by the Central Bank of Brazil (BC) have changed their forecast for growth of the Brazilian economy this year from 3.10% to 3.09%. For 2014, the forecasted growth of Gross Domestic Product (GDP) was increased from 3.70% to 3.80%.
The estimate for expansion of industrial production dropped from 3.17% to 3.10% this year, and has been maintained at 3.70% in 2014. The expected exchange rate has dropped from R$ 2.05 to R$ 2.03 for each American dollar late this year, and from R$ 2.07 to R$ 2.05, by late 2014.
The forecast for the trade surplus (the positive difference between exports minus imports) remains at US$ 15.5 billion this year, and at US$ 16 billion in 2014.
Expected foreign direct investment (funds turned to the productive sector in the country) was maintained at US$ 60 billion both for 2013 and next year.
*Tradução de Mark Ament
