São Paulo – The Focus Bulletin issued this Monday (26th) by the Brazilian Central Bank indicates that inflation should be up 6.99% and the Gross Domestic Product (GDP) will likely grow by a meagre 0.13% this year in Brazil. The bulletin contains the results of a weekly poll of financial institutions conducted by the monetary authority.<\/p>\n
Just like in the past weeks, the market’s perception of the Brazilian economy has continued to worsen. Last week, the Focus Bulletin already pointed to 6.67% growth in inflation and 0.38% growth in the GDP in 2015. The latest estimates indicate that prices should be higher than the Central Bank’s target of 4.5% per annum, allowing for two percentage points up or down. <\/p>\n
Expectations regarding the trade balance have also worsened. Previously, the market was expecting a US$ 5 billion surplus by the end of the year. Now, a US$ 4.5 billion surplus is expected. On the other hand, the foreign direct investment (FDI) forecast has climbed from US$ 58.2 billion to US$ 60 billion. The exchange rate expectation has remained unchanged, at R$ 2.80 for US$ 1, as did the interest rate, at 12.5%.<\/p>\n
*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" A Brazilian Central Bank poll of financial institutions indicates that prices should be up 6.99% this year. Estimates for the economy have worsened.<\/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-50083","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"A Brazilian Central Bank poll of financial institutions indicates that prices should be up 6.99% this year. Estimates for the economy have worsened.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50083","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=50083"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50083\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=50083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=50083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=50083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}