Bras\u00edlia \u2013 Financial market analysts are projecting increasingly lower rates of growth for the Brazilian economy. For the seventh week in a row, the projected increase in the Gross Domestic Product (GDP), the sum of all wealth produced in the country, has been revised downwards, this time from 1.62% to 1.57%. <\/p>\n
The projection for 2013 has been maintained at 4%. The figures were released on the weekly Focus bulletin, issued by the Central Bank based on financial market estimates for the main economic indicators.<\/p>\n
The projection of decline in industrial production this year has also been worsening for 16 consecutive weeks this year. This time, the estimate of decline went from 1.89% to 1.92%. Next year, a recovery is expected with a 4.25% increase, which is less than the previous estimate (4.5%).<\/p>\n
The net public debt-to-GDP ratio projection was revised from 35.37% to 35.5%, this year and kept at 34% in 2013. The trade surplus forecast was kept at US$ 18 billion for this year and revised down from US$ 14.57 billion to US$ 14.4 billion in 2013.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
Financial market forecasts a lower rate of increase for the Brazilian economy in 2012. The projection was revised downwards for the seventh consecutive week. The previous rate was 1.62%.<\/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-42601","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Financial market forecasts a lower rate of increase for the Brazilian economy in 2012. The projection was revised downwards for the seventh consecutive week. The previous rate was 1.62%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/42601","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=42601"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/42601\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=42601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=42601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=42601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}