Brasília – The projection of financial institutions for the Brazilian economic growth, this year, has been lowered yet again. For the 11th consecutive time, the growth estimate for the Gross Domestic Product (GDP) declined from 0.86% to 0.81%. The projection for 2015 was also revised down, from 1.5% to 1.2%.
These figures are part of the Focus Bulletin, the result of a weekly poll of financial institutions conducted by the Brazilian Central Bank (BC) about the main economic indicators. The estimate for the industrial output downturn was kept at 1.53%, this year. For 2015, an upturn of 1.70% is expected.
The trade surplus (positive balance of exports minus imports) estimate was kept unchanged at US 2 billion, for this year, and changed from US$ 8.5 billion to US$ 9 billion, in 2015. As regards foreign direct investment, which goes to the productive sector of the economy, the projection remains at US$ 60 billion, in 2014, and at US$ 55 billion, in the next year.
*Translated by Rodrigo Mendonça
