{"id":202275,"date":"2018-10-08T13:49:14","date_gmt":"2018-10-08T16:49:14","guid":{"rendered":"https:\/\/anba.com.br\/?p=202275"},"modified":"2018-10-08T14:14:41","modified_gmt":"2018-10-08T17:14:41","slug":"banks-revise-up-inflation-rate-forecast","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banks-revise-up-inflation-rate-forecast\/","title":{"rendered":"Banks revise up inflation rate forecast"},"content":{"rendered":"

Bras\u00edlia \u2013 The forecast by financial institutions for this year\u2019s inflation rate was revised up for the fourth straight time. According to a survey by the Brazilian Central Bank (BC) released this Monday (08), the Extended National Consumer Price Index (IPCA) is expected to reach 4.40%. Last week, the forecast pointed to an inflation rate of 4.30%.<\/p>\n

For 2019, the market is expecting an inflation rate of 4.20%. For 2020, it remains in 4% and, for 2021, it went from 3.97% to 3.95%.<\/p>\n

According to the financial market, the Selic, the benchmark interest rates, should remain at 6.5% this year \u2013 the current rate \u2013 until the end of 2018. For 2019, the market expects it to be raised, ending the year at 8% per year. For the end of 2020, the forecast points to interest rates of 8.38% per year, falling back to 8% per year at the end of 2021.<\/p>\n

The market also revised down its forecast for the Growth Domestic Product (GDP), from 1.35% to 1.34%, for this year. The forecast for the next three years remained at a 2.5% GDP growth.<\/p>\n

The market\u2019s forecast for the dollar remained at BRL 3.89 at the end of this year, and at BRL 3.83 at the end of 2019.<\/p>\n

Translated by S\u00e9rgio Kakitani <\/strong><\/p>\n

Valter Campanato\/Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"

Financial institutions are expecting prices to increase 4.4% this year. Last week\u2019s forecast pointed to a 4.3% inflation rate.<\/p>\n","protected":false},"author":2315,"featured_media":192401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[2386,27115,2637,2566,2825,553,4876,2827,2776,2824],"class_list":{"0":"post-202275","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-brazilian-central-bank","9":"tag-cambio-en","10":"tag-dollar","11":"tag-focus-bulletin","12":"tag-foreign-exchange-rate","13":"tag-gdp","14":"tag-inflation-rate","15":"tag-interest-rates","16":"tag-real","17":"tag-selic"},"wps_subtitle":"Financial institutions are expecting prices to increase 4.4% this year. Last week\u2019s forecast pointed to a 4.3% inflation rate.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/202275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=202275"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/202275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/192401"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=202275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=202275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=202275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}