{"id":52899,"date":"2015-12-17T17:50:00","date_gmt":"2015-12-17T19:50:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/eclac-says-brazils-gdp-to-shrink-3-5\/"},"modified":"2019-06-30T12:55:30","modified_gmt":"2019-06-30T15:55:30","slug":"eclac-says-brazils-gdp-to-shrink-3-5","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/eclac-says-brazils-gdp-to-shrink-3-5\/","title":{"rendered":"ECLAC says Brazil\u2019s GDP to shrink 3.5%"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Plummeting investment and consumption by families and rising prices are some of the reasons Brazil&rsquo;s Gross Domestic Product (GDP) should shrink 3.5% this year from the last one. So says a report released this Thursday (17) by the United Nations&rsquo; Economic Commission for Latin America and the Caribbean (ECLAC). It says the Brazilian GDP should contract again in 2016, by 2%, due to uncertainty in politics and regarding the federal government&rsquo;s fiscal adjustment program, as well as to exchange rate volatility. <\/p>\n<p>Aside from the negative effects on its own economy, ECLAC warns that Brazil will also weigh down on Latin America as a whole in 2015, while not disregarding the impact of the global economic scenario on the region&rsquo;s growth. It believes Latin American GDP will shrink 0.4% this year and grow 0.2% in 2016.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UN\u2019s Economic Commission for Latin America and the Caribbean believes Brazil will hold back Latin America\u2019s performance and that its Gross Domestic Product will contract anew in 2016.<\/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-52899","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The UN\u2019s Economic Commission for Latin America and the Caribbean believes Brazil will hold back Latin America\u2019s performance and that its Gross Domestic Product will contract anew in 2016.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52899","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=52899"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52899\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=52899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=52899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=52899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}