Brasília – Financial market analysts surveyed by the Central Bank have maintained their economic growth projection for this year at 4.5%. The estimated growth of the Gross Domestic Product (GDP), the sum of all goods and services produced in the country in 2010 has not been changed either, and remained at 7.61%.
According to the Focus bulletin, issued this Monday (3rd) by the Central Bank, the industrial production growth expectation in 2011 has gone from 5.31% to 5.30%.
The net public debt-to-GDP ratio has been revised from 39.80% to 39.70%.
By the end of 2011, one dollar is expected to be equivalent to 1.75 Brazilian real. The trade surplus forecast (positive result for exports minus imports) for 2011 is US$ 8bn.
The estimate for the current account transaction deficit (purchase and sale of goods and services between Brazil and foreign countries) has gone from US$ 69.05 billion to US$ 67.94 billion in 2011.
The expected foreign direct investment (funds allocated to the country’s production sector) has gone from US$ 38 billion to US$ 39.5 in 2011.
*Translated by Gabriel Pomerancblum
