{"id":48839,"date":"2014-09-01T11:57:00","date_gmt":"2014-09-01T13:57:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/gdp-growth-estimate-drops-further\/"},"modified":"2019-06-30T13:04:59","modified_gmt":"2019-06-30T16:04:59","slug":"gdp-growth-estimate-drops-further","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/gdp-growth-estimate-drops-further\/","title":{"rendered":"GDP growth estimate drops further"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The projection of financial institutions for growth of Brazil&rsquo;s Gross Domestic Product (GDP) has declined even further as a result of technical recession in the country. According to a poll of banks conducted by Brazil&rsquo;s Central Bank, the GDP should be up 0.52% this year. The expected rate has been revised down for the 14th straight week. <\/p>\n<p>Inflation is expected to be 6.27%, same as last week. The forecast for the benchmark interest rate (Selic) has also remained flat, at 11%. The dollar is expected to be worth R$ 2.35 by the end of 2014, as per financial institution&rsquo;s estimates. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil\u2019s economy should grow by 0.52% in 2014, if financial institutions&#8217; forecasts prove true. This was the 14th consecutive downward revision of expectations.<\/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-48839","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Brazil\u2019s economy should grow by 0.52% in 2014, if financial institutions' forecasts prove true. This was the 14th consecutive downward revision of expectations.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48839","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=48839"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48839\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=48839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=48839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=48839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}