{"id":256423,"date":"2019-09-10T10:38:52","date_gmt":"2019-09-10T13:38:52","guid":{"rendered":"https:\/\/anba.com.br\/?p=256423"},"modified":"2019-09-10T12:50:12","modified_gmt":"2019-09-10T15:50:12","slug":"governments-gdp-growth-forecast-up","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/governments-gdp-growth-forecast-up\/","title":{"rendered":"Government\u2019s GDP growth forecast up"},"content":{"rendered":"<p>Bras\u00edlia \u2013 The Brazilian government revised its Gross Domestic Product (GDP) growth forecast slightly, from 0.81% to 0.85%, as per the Macro Fiscal bulletin made public this Tuesday (10). \u201cActivity is projected to recover as of September this year in response to the initial impact of the interest rate cut, rising confidence and the clearing of immediate withdrawal of Severance Indemnity (FGTS) funds,\u201d the bulletin reads.<\/p>\n<p>The Extended National Consumer Price Index, which gauges inflation, is seen ending the year at 3.6%, down from a prior 3.8% forecast, as a result of \u201cdecompression\u201d in food prices. \u201cAfter an upward shock in these prices during Q1, Q2 saw a partial reversal, and the trend persisted through July and August.\u201d The bulletin also mentions fuel and electricity price hikes and \u201crelatively stable inflation in services.\u201d<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-192401\">Valter Campanato\/Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This Tuesday\u2019s Macro Fiscal bulletin shows a revised economic expansion estimate, from 0.81% to 0.85%.<\/p>\n","protected":false},"author":2315,"featured_media":192401,"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":[27134,10545,9756,9757],"class_list":{"0":"post-256423","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-economia-en","9":"tag-economy-en","10":"tag-gdp-en","11":"tag-inflation-en"},"wps_subtitle":"This Tuesday\u2019s Macro Fiscal bulletin shows a revised economic expansion estimate, from 0.81% to 0.85%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/256423","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=256423"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/256423\/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=256423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=256423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=256423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}