{"id":46080,"date":"2013-10-07T12:55:00","date_gmt":"2013-10-07T14:55:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/gdp-growth-forecast-increased-2\/"},"modified":"2019-06-30T13:09:47","modified_gmt":"2019-06-30T16:09:47","slug":"gdp-growth-forecast-increased-2","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/gdp-growth-forecast-increased-2\/","title":{"rendered":"GDP growth forecast increased"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The finance market has increased expectations for growth of the country&rsquo;s economy in 2013. According to the Central Bank&rsquo;s Focus Bulletin, investors and analysts have expanded expectations for growth of the Gross Domestic Product (GDP), all goods and services produced in the country, from 2.40% to 2.47%. Despite this forecast, industrial production should grow just 1.7%, as against an estimate of 1.92% in the previous forecast.<\/p>\n<p>Another important figure is the expected reduction in public sector net debt deficit. The financial market is already admitting a deficit of 34.5% in GDP production against the 34.7% of the prior estimate.<\/p>\n<p>In the remaining indices, the market has maintained the forecasts of previous reports, with inflation estimated at 5.82% in the Broad Consumer Price Index (IPCA), the exchange rate in late 2013 is expected to be at each dollar being sold for R$ 2.30 and the benchmark interest rate is estimated to be at 9.75% a year, also for late in the period. Managed prices are also expected to increase by 1.8%, according to market estimates.<\/p>\n<p><strong>*Translated by Mark Ament<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market has increased expectations for growth of the Brazilian economy this year. The forecast was increased from 2.40% to 2.47%, according to Central Bank forecasts.<\/p>\n","protected":false},"author":2316,"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-46080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The market has increased expectations for growth of the Brazilian economy this year. The forecast was increased from 2.40% to 2.47%, according to Central Bank forecasts.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46080","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\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=46080"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46080\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=46080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=46080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=46080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}