{"id":51990,"date":"2015-09-08T13:37:00","date_gmt":"2015-09-08T15:37:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/forecast-for-economys-downturn-2-44\/"},"modified":"2019-06-30T12:57:15","modified_gmt":"2019-06-30T15:57:15","slug":"forecast-for-economys-downturn-2-44","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/forecast-for-economys-downturn-2-44\/","title":{"rendered":"Forecast for economy\u2019s downturn: 2.44%"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The estimation by financial institutions for the economy&rsquo;s downturn this year got worse for the eighth straight time. The estimation for the fall of Gross Domestic (GDP), the sum of all goods and services produced in the country, reached 2.44%. Last week, it stood at 2.26%. For 2016, the estimation for the decline went from 0.4% to 0.5%, the fifth straight time it&rsquo;s reviewed down.<\/p>\n<p>These estimations are from the Focus bulletin, a weekly survey done by the Brazilian Central Bank (BC), based on projections of financial institutions for the economy&rsquo;s main indicators. In the assessment of the financial market, the industrial output should decline 6% this year against 5.57% estimated last week. In 2016, the estimation calls for a recovery by the sector, with a growth of 0.72% against the 0.89% of the previous forecast. <\/p>\n<p>The estimation for the dollar price at the end of this year was reviewed from R$ 3.50 to R$ 3.60. For the end of 2016, the estimation went from R$ 3.60 to R$ 3.70. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to estimation of financial institutions, Brazil\u2019s GDP should shrink 2.44% in 2015 and 0.5% in 2016. Survey is done weekly by the Brazilian Central Bank and estimations worsened.<\/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-51990","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"According to estimation of financial institutions, Brazil\u2019s GDP should shrink 2.44% in 2015 and 0.5% in 2016. Survey is done weekly by the Brazilian Central Bank and estimations worsened.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51990","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=51990"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51990\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=51990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=51990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=51990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}