{"id":265460,"date":"2020-01-06T16:50:42","date_gmt":"2020-01-06T19:50:42","guid":{"rendered":"https:\/\/anba.com.br\/?p=265460"},"modified":"2020-01-06T17:29:22","modified_gmt":"2020-01-06T20:29:22","slug":"inflation-forecast-up","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/inflation-forecast-up\/","title":{"rendered":"Inflation forecast up"},"content":{"rendered":"<p>Bras\u00edlia \u2013 For the ninth straight week, the 2019 inflation estimate from financial institutions polled by the Central Bank (<a href=\"http:\/\/www.bcb.gov.br\" target=\"_blank\" rel=\"noopener\">BC<\/a>) has gone up. The economy growth estimates for both 2019 and 2020 were unchanged.<\/p>\n<p>As per the Focus Bulletin made public this Monday (6), the Extended National Consumer Price Index stood at 4.13%, up from 4.04%. The Brazilian Institute of Geography and Statistics (IBGE) will made the 2019 IPCA public on Friday (10).<\/p>\n<p>The 2020 inflation estimate was down from 3.61% to 3.60%. The forecast for the next years were unchanged: 3.75% for 2021 and 3.50% for 2022.<\/p>\n<p>The poll\u2019s respondents see the benchmark interest rate, known as the Selic, remaining at 4.5% per annum. The rate is expected to climb to 6.5% in 2020, then remain at that level in 2022.<\/p>\n<p>The Gross Domestic Product (GDP) forecast remained at 1.17% in 2019 and 2.3% in 2020. IBGE will only make 2019 GDP public in late March. The poll\u2019s 2021 and 2022 results remained at 2.5%.<\/p>\n<p>The US dollar is expected to be selling for BRL 4.09 by the end of 2020, up from BRL 4.08, and for BRL 4 in late 2021.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-265450\">Luiz Souza\/NurPhoto\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions polled by the Central Bank of Brazil estimate that the National Extended Consumer Price Index stood at 4.13% last year. The official index will be made public next Friday.<\/p>\n","protected":false},"author":2315,"featured_media":265450,"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":[],"class_list":{"0":"post-265460","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"Financial institutions polled by the Central Bank of Brazil estimate that the National Extended Consumer Price Index stood at 4.13% last year. The official index will be made public next Friday.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265460","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=265460"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/265450"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=265460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=265460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=265460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}