Brasília – Analysts of financial institutions approached by the Central Bank have adjusted the forecasted growth of the economy this year and in 2014, according to the Focus bulletin, disclosed on Monday (18) by the institution.
The projected growth of Gross Domestic Product (GDP) was reduced from 3.09% to 3.08% in 2013, and from 3.80% to 3.65% next year.
The estimate for expansion of industrial production dropped from 3.10% to 3% this year, and from 3.70% to 3.50%, in 2014.
The expected Exchange rate dropped from R$ 2.03 per American dollar to R$ 2.02, late this year, and was maintained at R$ 2.05, in late 2014.
The forecast for the trade surplus (positive difference between exports minus imports) dropped from US$ 15.5 billion to US$ 15.2 billion this year, and from US$ 16 billion to US$ 15.6 billion in 2014.
The expected foreign direct investment (funds turned to the productive sector in the country) was maintained at US$ 60 billion both for 2013 and for next year.
*Translated by Mark Ament
