{"id":215483,"date":"2019-06-10T11:49:25","date_gmt":"2019-06-10T14:49:25","guid":{"rendered":"https:\/\/anba.com.br\/?p=215483"},"modified":"2019-06-30T12:35:29","modified_gmt":"2019-06-30T15:35:29","slug":"gdp-forecast-slid-again","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/gdp-forecast-slid-again\/","title":{"rendered":"GDP forecast slid again"},"content":{"rendered":"<p>Bras\u00edlia \u2013 Brazil\u2019s economic growth forecast from financial market players is 1%, in the 15<sup>th<\/sup> downward shift on end. The number is from the Brazilian Central Bank\u2019s Focus Bulletin, containing the results of a weekly poll of banks. Gross Domestic Product (GDP) is seen going up 1% this year, down from a prior 1.13% forecast.<\/p>\n<p>The 2020 forecast moved down from 2.50 % to 2.23%, and the 2021 and 2022 estimates remained unchanged at 2.50%.<\/p>\n<p>The Extended National Consumer Price Index (IPCA), which tracks inflation in the country, is expected to end the year at 3.89%, down from last week\u2019s 4.03% forecast. The 2020 projection remained at 4%, and the 2021 and 2022 ones were also unchanged at 3.75%.<\/p>\n<p>The benchmark interest rate is expected to remain at 6.50% \u2013 an all-time low \u2013 at the end of 2019. Forecasts moved from 7.25% to 7% for 2020 and from 8% to 7.50% for 2021. The 2022 forecast was stationary at 7.50% per annum.<\/p>\n<p>The US dollar is seen ending 2019 and 2020 at BRL 3.80.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-210376\">Marcello Casal Jr.\/Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian banks expect the economy to grow by 1% in 2019, the 15th straight downward revision of the estimate.<\/p>\n","protected":false},"author":2315,"featured_media":210376,"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":[4204,27115,2859,2566,553,3055,2824],"class_list":{"0":"post-215483","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-benchmark-interest-rate","9":"tag-cambio-en","10":"tag-exchange-rate","11":"tag-focus-bulletin","12":"tag-gdp","13":"tag-inflation","14":"tag-selic"},"wps_subtitle":"Brazilian banks expect the economy to grow by 1% in 2019, the 15th straight downward revision of the estimate.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/215483","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=215483"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/215483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/210376"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=215483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=215483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=215483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}