Bras\u00edlia \u2013 The estimate of financial market analysts for growth of the Gross Domestic Product (GDP) of Brazil in 2010 has been expanded from 5%, the figure presented last week, to 5.08%. The percentage of growth of industrial production for next year has also risen, from 7.11% to 8%. Expectations in the Focus bulletin were disclosed by the Central Bank today (28).<\/p>\n
The forecasts for economic growth serve as a thermometer to show the demand for company products, as well as to estimate the availability of jobs and the salary perspectives of the labour market.<\/p>\n
According to the Focus bulletin, the forecasts for retraction of the GDP in 2009 dropped from 0.23%, the index forecasted in last week\u2019s edition of the bulletin, to 0.22%, in the edition issued today. Expectations for reduction of industrial production in 2009 were kept at 7.62%. Four weeks ago, market expectations for retraction of industrial production this year were 7.72%.<\/p>\n
The estimated exchange rates for the end of the period were also maintained stable, both for 2009 (1.74 Brazilian reals per US dollar) and for 2010 (1.75 reals per dollar).<\/p>\n
The forecast for the ratio between the public sector net debt and GDP in 2010 rose from 42.90% to 43%, and has been maintained stable for 2009, at 44.80%.<\/p>\n
The forecast for the trade surplus (the positive difference between exports and imports) dropped from US$ 25 billion to US$ 24.57 billion this year. For 2010, analysts expect a positive result of US$ 11.65 billion, against the US$ 11.30 billion forecasted previously.<\/p>\n
The expected deficit in current account transactions in 2009 (the purchase and sale of goods and services by Brazil on the foreign market) has also been expanded, from US$ 18.20 billion to US$ 19.05 billion. For 2010, the expectation is for a deficit of US$ 40.85 billion, an even greater figure than the US$ 40.35 billion forecasted last week.<\/p>\n
The expected foreign direct investment (resources for the productive sector in the country) was maintained at US$ 25 billion in 2009 and US$ 35 billion in 2010.<\/p>\n
*Translated by Mark Ament<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The forecasted growth for the Brazilian GDP has been expanded from 5% to 5.08%. The percentage of industrial production rose from 7.11% to 8%. The estimates are in the Focus bulletin.<\/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-33336","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The forecasted growth for the Brazilian GDP has been expanded from 5% to 5.08%. The percentage of industrial production rose from 7.11% to 8%. The estimates are in the Focus bulletin.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/33336","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=33336"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/33336\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=33336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=33336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=33336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}