Bras\u00edlia \u2013 The National Confederation of Industries (CNI) expects growth of 0.9% in Brazil\u2019s Gross Domestic Product (GDP) \u2013 the sum of all goods produced in the country in 2012. For 2013, the projection by the confederation is that the economy should grow 4%.<\/p>\n
The estimated expansion in industrial GDP is -0.6% this year. For 2013, expectations are for growth of 4.1%. To the CNI, the realisation of these estimates depends on reduction of production cost and on the growth of productivity.<\/p>\n
Exchange rates have been estimated at R$ 2.06 in late 2012 and at R$ 2.07 in late 2013. In the case of exports, CNI projections for this year are US$ 244.6 billion and, for 2013, US$ 258.3 billion. Imports should grow from US$ 224.9 billion to US$ 240.2 billion in the same comparison. With this, the Brazilian trade balance surplus should drop US$ 19.7 billion, in 2012, to US$ 18.1 billion in late 2013.<\/p>\n
*Translated by Mark Ament<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
Brazil\u2019s National Confederation of Industries believes that the country\u2019s Gross Domestic Product (GDP) should grow under 1% in 2012, but 4% next year.<\/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-43294","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Brazil\u2019s National Confederation of Industries believes that the country\u2019s Gross Domestic Product (GDP) should grow under 1% in 2012, but 4% next year.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/43294","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=43294"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/43294\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=43294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=43294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=43294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}