{"id":45168,"date":"2013-07-01T13:05:00","date_gmt":"2013-07-01T15:05:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/economic-growth-forecast-reduced\/"},"modified":"2019-06-30T13:11:33","modified_gmt":"2019-06-30T16:11:33","slug":"economic-growth-forecast-reduced","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/economic-growth-forecast-reduced\/","title":{"rendered":"Economic growth forecast reduced"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The projection by financial institutions for the growth of the country economy is still dropping. According to the Central Bank&rsquo;s weekly research with the financial sector, the estimate for expansion of the Gross Domestic Product (GDP) this year fell for the seventh time running: it dropped from 2.46% to 2.40%. For 2014, there has also been retraction, for the second week running, from 3.1% to 3%. On the 27th, the Central Bank reduced its growth forecast for the economy this year from 3.1% to 2.7%.<\/p>\n<p>The estimate for expansion of industrial production oscillated from 2.56% to 2.49% this year and from 3.1% to 3.2% in 2014. The projection of financial institutions for the ration between public sector net debt and GDP continues at 35%, both for this year and for 2014.<\/p>\n<p>The forecast of financial institutions for the trade surplus (positive difference between exports minus imports) dropped from US$ 6.5 billion to US$ 6 billion in 2013 and from US$ 8 billion to US$ 7.35 billion in 2014. Expectations for foreign direct investment (funds turned to the productive sector) have been maintained at US$ 60 billion both for 2013 and for next year.<\/p>\n<p><strong>*Translated by Mark Ament<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions now estimate growth of Brazil\u2019s GDP at 2.40% in 2013. Next year, the expansion should be 3%.<\/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-45168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Financial institutions now estimate growth of Brazil\u2019s GDP at 2.40% in 2013. Next year, the expansion should be 3%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45168","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=45168"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45168\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=45168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=45168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=45168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}