{"id":214602,"date":"2019-05-27T09:26:41","date_gmt":"2019-05-27T12:26:41","guid":{"rendered":"https:\/\/anba.com.br\/?p=214602"},"modified":"2019-06-30T12:35:47","modified_gmt":"2019-06-30T15:35:47","slug":"brazils-growth-projection-down-for-the-13th-time","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazils-growth-projection-down-for-the-13th-time\/","title":{"rendered":"Brazil\u2019s growth projection down for the 13th time"},"content":{"rendered":"<p>Bras\u00edlia \u2013 Economic growth projections from Brazilian financial market players keep sliding. The 2019 Gross Domestic Product (GDP) growth forecast eased for the 13th week back-to-back. This time, from 1.24% to 1.23%. The 2020, 2021 and 2022 forecasts remained flat at 2.50%.<\/p>\n<p>The figures are from Focus Readout, a weekly report containing the results of a poll of banks regarding key economic indicators. The readout is published every Monday by the Central Bank of Brazil (BC).<\/p>\n<p>Inflation as per the Extended National Consumer Price Index (IPCA) is seen ending the year at 4.07%, the same as in last week\u2019s poll. The 2020 forecast remains at 4%, and the 2021 and 2022 forecasts also remained unchanged at 3.75%.<\/p>\n<p>The benchmark interest rate, known as the Selic, is expected to remain at its all-time 6.5% low until the end of the 2019. The rate is seen ending 2020 at 7.25% per annum, ending 2021 at 8% per annum and 2022 at 7,50% per annum. US dollar is seen ending this year and the next at BRL 3.80.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-203581\">Ricardo Almeida\/ANPr<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Banks keep reducing their estimate for Brazil\u2019s GDP. Expectation now is that the economy will grow 1.23% in 2019.<\/p>\n","protected":false},"author":2315,"featured_media":203581,"comment_status":"open","ping_status":"closed","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":[2565,6901,553,1846,31606,3055,7468,2823,312,2824],"class_list":{"0":"post-214602","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-boletim-focus","9":"tag-focus-readout","10":"tag-gdp","11":"tag-inflacao","12":"tag-inflacao-en","13":"tag-inflation","14":"tag-interest","15":"tag-juros","16":"tag-pib","17":"tag-selic"},"wps_subtitle":"Banks keep reducing their estimate for Brazil\u2019s GDP. Expectation now is that the economy will grow 1.23% in 2019.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/214602","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=214602"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/214602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/203581"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=214602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=214602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=214602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}