{"id":47024,"date":"2014-01-27T12:22:00","date_gmt":"2014-01-27T14:22:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/market-lowers-brazilian-gdp-forecast\/"},"modified":"2019-06-30T13:08:08","modified_gmt":"2019-06-30T16:08:08","slug":"market-lowers-brazilian-gdp-forecast","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/market-lowers-brazilian-gdp-forecast\/","title":{"rendered":"Market lowers Brazilian GDP forecast"},"content":{"rendered":"<p>Brasilia &ndash; Brazil&rsquo;s economy is expected to grow 1.91% this year. The forecast is part of a weekly consultation made by the Brazilian Central Bank (BC) with various financial institutions. Last week, the forecast had been announced at 2%. For 2015, the expected growth in the Gross Domestic Product (GDP), sum of all goods and services produced in the country, dropped from 2.50% to 2.20%. <\/p>\n<p>The International Monetary Fund (FMI), however, forecasts an increase by 2.3% in the Brazilian GDP this year, and by 2.8% in 2015, according to the latest<em> World Economic Outlook<\/em> update, released last week.<\/p>\n<p>The industrial production estimates were maintained at 2.2% this year and adjusted from 2.89% to 2.95% for 2015.<\/p>\n<p>Financial institutions&rsquo; forecasts for the public debt and GDP ratio continues at 34.8% in 2014, and 35% in 2015.<\/p>\n<p>Still according to the BC research, the expected trade balance surplus (exports minus imports) dropped from US$ 9.1 billion to US$ 8 billion this year. For 2015, forecasts remain at US$ 12 billion.<\/p>\n<p>On the other hand, the current transactions deficit (register of buying and selling transactions of goods and services between Brazil and abroad), was adjusted to from US$ 72.15 billion to US$ 73 billion in 2014, and from US$ 70.6 billion to US$ 71.45 billion in 2015. The dollar exchange rates continue at R$ 2.45 this year, and R$ 2.50 in 2015.<\/p>\n<p>For 2014, Brazilian financial institutions forecasts on foreign direct investments (FDI) have dropped from US$ 60 billion to US$ 57.5 billion. In 2015, the forecast remains the same as before, at US$ 60 billion. In 2013, FDI in Brazil added up to more than US$ 64 billion.<\/p>\n<p><strong>*Translated by Silvia Lindsey with information from the ANBA newsroom<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Brazilian Central Bank study shows that financial institutions lowered the country\u2019s economic growth expectation this year from 2% to 1.91%.<\/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-47024","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"A Brazilian Central Bank study shows that financial institutions lowered the country\u2019s economic growth expectation this year from 2% to 1.91%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47024","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=47024"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47024\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=47024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=47024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=47024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}