{"id":52875,"date":"2015-12-16T13:16:00","date_gmt":"2015-12-16T15:16:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/industry-federation-sees-economy-dropping-3-3\/"},"modified":"2019-06-30T12:55:34","modified_gmt":"2019-06-30T15:55:34","slug":"industry-federation-sees-economy-dropping-3-3","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/industry-federation-sees-economy-dropping-3-3\/","title":{"rendered":"Industry federation sees economy dropping 3.3%"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The Brazilian economy should shrink 3.3% this year and 2.6% in 2016, according to projections from the National Federation of Industry (CNI). It believes that shrinkage of the Gross Domestic Product (GDP) will be coupled with two-digit inflation this year, at 10.5%. The expectation for next year is 6.8%. Inflation in Brazil is gauged by the Extended Consumer Price Index (IPCA).<\/p>\n<p>Industry activity is expected to slow down by 6.4% this year and 4.5% in 2016. Consumption by families is expected to drop 3.9% in 2015 and 3.3% next year. Investments (Gross Fixed Capital Formation) should reach 15.5% this year and 12.3% in 2016. The CNI also forecasts that unemployment will be 8.3% this year and 11% in the next one. <\/p>\n<p>The average price of the US dollar is expected to be BRL 3.33 this year and BRL 4.20 in 2016. CNI projections also show a USD 18 billion trade surplus this year and a USD 37 billion surplus in 2016. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil\u2019s National Federation of Industry estimates that the GDP will shrink this year and in 2016. Inflation is expected to be 10.5% in 2015 and 6.8% next year.<\/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-52875","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Brazil\u2019s National Federation of Industry estimates that the GDP will shrink this year and in 2016. Inflation is expected to be 10.5% in 2015 and 6.8% next year.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52875","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=52875"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52875\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=52875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=52875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=52875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}