{"id":52851,"date":"2015-12-14T14:04:00","date_gmt":"2015-12-14T16:04:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/economy-forecast-worsens\/"},"modified":"2019-06-30T12:55:37","modified_gmt":"2019-06-30T15:55:37","slug":"economy-forecast-worsens","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/economy-forecast-worsens\/","title":{"rendered":"Economy forecast worsens"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The Brazilian Central Bank released its Focus Bulletin this Monday (14) with the 13th straight week-on-week increase in inflation forecast this year. The financial institutions polled for the bulletin believe the Extended Consumer Price index (IPCA) will be up 10.61% by the end of 2015. Last week&rsquo;s forecast was 10.44%. For 2016, inflation is expected to be 6.8%, up from 6.7% last week. <\/p>\n<p>Government news outlet <em>Ag&ecirc;ncia Brasil<\/em> said Gross Domestic Product (GDP) should be down 3.62% this year, up from 3.5% in last week&rsquo;s forecast. GDP shrinkage forecast for 2016 is now 2.67%, the estimate from last week had been 2.31%. Still according to the Focus Bulletin, the US dollar should be worth BRL 3.90 by the end of 2015 and BRL 4.20 by the end of next year. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Brazilian Central Bank poll of financial institutions shows that inflation is expected to rise this year and in the next as Gross Domestic Product (GDP) shrinks.<\/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-52851","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"A Brazilian Central Bank poll of financial institutions shows that inflation is expected to rise this year and in the next as Gross Domestic Product (GDP) shrinks.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52851","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=52851"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52851\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=52851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=52851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=52851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}