{"id":47087,"date":"2014-02-03T16:06:00","date_gmt":"2014-02-03T18:06:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/inflation-projection-revised-down-in-survey\/"},"modified":"2019-06-30T13:08:02","modified_gmt":"2019-06-30T16:08:02","slug":"inflation-projection-revised-down-in-survey","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/inflation-projection-revised-down-in-survey\/","title":{"rendered":"Inflation projection revised down in survey"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; A survey conducted by the Brazilian Central Bank among analysts from financial institutions shows the inflation measured as per the Broad Consumer Price Index (IPCA) has been revised down from 6.02% to 6% in 2014.<\/p>\n<p>The weekly Focus bulletin, issued this Monday (3rd), contains the sector&rsquo;s expectations. The exchange rate estimate has worsened: the US dollar is expected to cost R$ 2.47 by the end of the year, as against R$2.45 in the last bulletin.<\/p>\n<p>The benchmark interest rate (Selic) is believed by the financial market to be 11% by the end of 2014, and the Net Public Sector Debt has been revised up from 34.8% to 34.9% of the Gross Domestic Product (GDP), whose growth estimate has been maintained at 1.91%. <\/p>\n<p>Industrial output, in turn, is expected to decline by a higher rate than in last week&rsquo;s bulletin, from 2% to 2.2%. <\/p>\n<p>The current account deficit forecast remains at US$ 73 billion, while the trade balance is expected to run an US$ 8.25 billion surplus, as against US$ 8 billion in the prior estimate. <\/p>\n<p>Foreign direct investment is expected to amount to US$ 58, as against US$ 57.5 billion as per the last bulletin. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central Bank\u2019s Focus Bulletin estimates a 6% rate for this year, as against 6.02% in the prior poll, conducted last week.<\/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-47087","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Central Bank\u2019s Focus Bulletin estimates a 6% rate for this year, as against 6.02% in the prior poll, conducted last week.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47087","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=47087"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47087\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=47087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=47087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=47087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}