{"id":216626,"date":"2019-06-27T14:50:02","date_gmt":"2019-06-27T17:50:02","guid":{"rendered":"https:\/\/anba.com.br\/?p=216626"},"modified":"2019-06-28T17:50:22","modified_gmt":"2019-06-28T20:50:22","slug":"bc-revises-down-brazilian-gdp-forecast","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/bc-revises-down-brazilian-gdp-forecast\/","title":{"rendered":"BC revises down Brazilian GDP forecast"},"content":{"rendered":"<p>Bras\u00edlia \u2013 The Central Bank of Brazil (<a href=\"http:\/\/www.bcb.gov.br\/\" target=\"_blank\" rel=\"noopener\">BC<\/a>) revised down its economic growth estimate for this year. The Gross Domestic Product (GDP) forecast slid from 2% to 0.8. This information is available at BC&#8217;s quarterly publication Inflation Report, made public this Thursday (28) in Bras\u00edlia.<\/p>\n<p>Among the reasons for the revision, BC mentions <a href=\"https:\/\/anba.com.br\/en\/brazils-gdp-down-0-2-in-q1\/\">a lower-than-expected growth in Q1<\/a>, a lack of clear signs of recovery in the first economic indicators for Q2, and a \u201cdecrease of the company and consumer confidence indexes, which impact the perspectives of consumption and investment.\u201d<\/p>\n<p>Moreover, BC stresses the growth forecast at 0.8% \u201cdepends on the continuity of necessary reforms and adjustments in the Brazilian economy and incorporates the expectation of a growing activity recovery over the rest of the year.\u201d<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-216620\">Lucio Tavora\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Central Bank of Brazil revised down the country\u2019s economic growth forecast to 0.8% from 2%.<\/p>\n","protected":false},"author":2315,"featured_media":216620,"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":[1799,9326,550,553,2781,27180,2344],"class_list":{"0":"post-216626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bc","9":"tag-central-brank-of-brazil","10":"tag-economy","11":"tag-gdp","12":"tag-growth","13":"tag-ibge-en-2","14":"tag-ibge"},"wps_subtitle":"Central Bank of Brazil revised down the country\u2019s economic growth forecast to 0.8% from 2%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/216626","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=216626"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/216626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/216620"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=216626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=216626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=216626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}