{"id":52400,"date":"2015-10-26T13:11:00","date_gmt":"2015-10-26T15:11:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/banks-see-gdp-shrinking-further\/"},"modified":"2019-06-30T12:56:27","modified_gmt":"2019-06-30T15:56:27","slug":"banks-see-gdp-shrinking-further","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banks-see-gdp-shrinking-further\/","title":{"rendered":"Banks see GDP shrinking further"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The projection of financial institutions for Brazil&rsquo;s Gross Domestic Product (GDP), i.e. the sum of all goods and services produced in the country, as been revised from 3% 3.02%, in the 15th consecutive turn for the worse. The estimate for next year has gone from 1.22% to 1.43% shrinkage, the third straight downward revision. The projections are part of a poll conducted weekly by the Brazilian Central Bank. The industrial production forecast remains at 7% per annum for 2015 and has been adjusted from 1% to 1.5%. <\/p>\n<p>The US dollar is expected to be worth BRL 4 by the end of this year, and has been revised up from BRL 4.13 to BRL 4.20 for the end of 2016.<\/p>\n<p>The Extended Consumer Price Index (IPCA) estimate has gone up for the sixth consecutive time, from 9.75% to 9.85% this year. The forecast for government-controlled prices has shifted from 16% to 16.11% for this year and 6.35% to 6.60% for the next one.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Respondents of a survey conducted by the Brazilian Central Bank among poll Brazilian financial institutions estimate the economy will contract by 3.02% this year. This is the 15th straight downward revision.<\/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-52400","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Respondents of a survey conducted by the Brazilian Central Bank among poll Brazilian financial institutions estimate the economy will contract by 3.02% this year. This is the 15th straight downward revision.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52400","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=52400"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52400\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=52400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=52400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=52400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}