{"id":47209,"date":"2014-02-17T13:57:00","date_gmt":"2014-02-17T15:57:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/analysts-revise-down-gdp-projection\/"},"modified":"2019-06-30T13:07:51","modified_gmt":"2019-06-30T16:07:51","slug":"analysts-revise-down-gdp-projection","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/analysts-revise-down-gdp-projection\/","title":{"rendered":"Analysts revise down GDP projection"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Financial market analysts have revised down the growth projection for Brazil&rsquo;s 2014 Gross Domestic Product (GDP) once again. As per the Central Bank&rsquo;s Focus bulletin issued this Monday (17th), the GDP should be up 1.79%, as against 1.9% in last week&rsquo;s forecast. Industry output should be up 1.93%.<\/p>\n<p>The analysts polled for the publication are expecting the inflation rate measured by the Broad Consumer Price Index (IPCA, in the Portuguese acronym) to be up 5.93% this year, as against 5.89% in the previous forecast. The end-of-year exchange rate expectation is up again, from R$ 2.47 to R$ 2.48 for US$ 1. The benchmark interest rate forecast has been maintained at 11.25%. <\/p>\n<p>The current account deficit forecast has been revised up from US$ 73 billion to US$ 74.6 billion, partly as a result of the trade surplus&rsquo; downward revision from US$ 8.01 billion to US$ 7.9 billion. The foreign direct investment (FDI) forecast has been revised up from US$ 57.5 billion to US$ 58 billion.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian economic growth estimate for 2014 is down from 1.9% to 1.79%, as per the Central Bank\u2019s weekly Focus bulletin.<\/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-47209","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian economic growth estimate for 2014 is down from 1.9% to 1.79%, as per the Central Bank\u2019s weekly Focus bulletin.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47209","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=47209"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47209\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=47209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=47209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=47209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}