GDP forecast from market slides for 14th straight time

As per the Brazilian Central Bank’s Focus Bulletin, Brazil’s economy could see 1.13% growth this year.

Agência Brasil
pauta@ebc.com.br

Brasília – The economic growth forecast from Brazilian financial market players slid for the 14th time straight, as per the Focus Bulletin released by the Brazilian Central Bank this Tuesday (3) in Brasília.

Gross Domestic Product (GDP) is seen going up 1.13% this year, down from last week’s 1.23% forecast. Forecasts concerning 2020, 2021 and 2022 have been kept at 2.50%.

Translated by Gabriel Pomerancblum

Marcello Casal Jr./Agência Brasil

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