{"id":48197,"date":"2014-06-16T15:28:00","date_gmt":"2014-06-16T17:28:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/market-revises-down-gdp-projection-2\/"},"modified":"2019-06-30T13:06:11","modified_gmt":"2019-06-30T16:06:11","slug":"market-revises-down-gdp-projection-2","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/market-revises-down-gdp-projection-2\/","title":{"rendered":"Market revises down GDP projection"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The inflation rate estimate measured by the Broad Consumer Price Index (IPCA, in the Portuguese acronym) posted a slight decrease, in the evaluation of financial market analysts and investors. The projection is in the <em>Focus<\/em> bulletin, released weekly by the Brazilian Central Bank (BC) and changed from 6.47% to 6.46%.<\/p>\n<p> The decrease in inflation rate is accompanied by a decrease in the growth estimate of the Brazilian economy. According to the financial market, the Gross Domestic Product (GDP) should end the year with an increase of 1.24%, while previous projections showed 1.44%. The forecast for the increase in industrial output dropped from 0.96% to 0.51%.<\/p>\n<p> The end-of-year exchange rate expectation remains unchanged, with dollar price estimation at R$ 2.40, and benchmark interest rate (Selic), at 11% per year. The net public sector debt was reduced from 34.85% to 34.7% of the GDP. Government controlled prices, not affected by offer and demand conditions as they are set by contracts or public bodies, remain with 2014&rsquo;s readjust of 5%.<\/p>\n<p> Current account deficit, one of the main indicators of Brazilian external accounts, also remained unchanged at US$ 80 billion. In this calculation, the trade balance result dropped from US$ 2.25 billion to US$ 2 billion. The foreign direct investment forecast remains at US$ 60 billion.<\/p>\n<p><strong>*Translated by Rodrigo Mendon&ccedil;a<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts have revised down from 1.44% to 1.24% the growth estimate of Brazilian economy this year, according to the Focus bulletin of the Brazilian Central Bank.<\/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-48197","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Analysts have revised down from 1.44% to 1.24% the growth estimate of Brazilian economy this year, according to the Focus bulletin of the Brazilian Central Bank.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48197","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=48197"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48197\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=48197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=48197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=48197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}