Bras\u00edlia \u2013 The financial markets expect the economy of Brazil to grow 0.01% this year, according to the Focus Bulletin, a monthly publication elaborated by the Central Bank of Brazil (BC). The previous estimate was for stability in the Gross Domestic Product (GDP). <\/p>\n
This year, the financial market forecasted retraction of 0.73%, in the July 1st bulletin, due to the international financial crisis. Four weeks ago, the estimate was for retraction of 0.16%. For 2010, the expectation is still 4.5% expansion of GDP. <\/p>\n
With regard to industrial production this year, analysts have adjusted the estimated reduction from 7.24% to 7.53%. For 2010, recovery has been forecasted, with growth of 6%.<\/p>\n
Analysts have altered the forecasts for the ratio between the public sector’s net dept and GDP, which rose from 43.25% to 43.50% this year and the estimate was 41.20% for 2010. The expectation for dollar rates for late 2009 and early 2010 was maintained at 1.80 Brazilian reals to the dollar.<\/p>\n
The forecast for the trade surplus (exports minus imports) this year rose from US$ 25.3 billion to US$ 25.85 billion. For 2010, analysts have adjusted the estimate from US$ 18 billion to US$ 17.8 billion. <\/p>\n
With regard to this year’s current transaction deficit (purchase and sales transactions of products and services between Brazil and the foreign market), analysts have elevated expectations from US$ 15 billion to US$ 15.550 billion. For 2010, the estimate was expanded from US$ 23.6 billion to US$ 25 billion.<\/p>\n
Foreign Direct Investment estimates for 2009 were maintained at US$ 25 billion and, for next year, the estimate was adjusted from US$ 30 billion to US$ 30.3 billion.<\/p>\n
*Translated by Mark Ament<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
Financial markets expect the economy of Brazil to grow 0.01% this year. Production, according to the Central Bank’s Focus Bulletin, should be 7.53%. For 2010, the expectation is for 6% growth.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","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-32415","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Financial markets expect the economy of Brazil to grow 0.01% this year. Production, according to the Central Bank's Focus Bulletin, should be 7.53%. For 2010, the expectation is for 6% growth.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/32415","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=32415"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/32415\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=32415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=32415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=32415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}