{"id":53809,"date":"2016-04-12T13:00:00","date_gmt":"2016-04-12T15:00:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/industry-sees-sharper-decline-for-gdp\/"},"modified":"2019-06-30T12:53:46","modified_gmt":"2019-06-30T15:53:46","slug":"industry-sees-sharper-decline-for-gdp","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/industry-sees-sharper-decline-for-gdp\/","title":{"rendered":"Industry sees sharper decline for GDP"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The National Confederation of Industry (CNI) revised down its forecast for the Brazilian Gross Domestic Product (GDP) this year. It went from 2.6%, in the estimation released at the end of 2015, to 3.1%. The new forecast is part of the CNI&rsquo;s Conjuncture Report on Q1 2016, released this Tuesday (12).<\/p>\n<p>The forecast on the industrial GDP was changed from 4.5% to 5% in the third consecutive year showing an industry downturn. According to CNI&rsquo;s estimations, investments will shrink 13.5%, household consumption will drop 4.4% and the unemployment rate will reach 11.5% of the population. CNI believes that &ldquo;the dominance of an environment full of political uncertainties &ndash; that generates economic instability and low confidence by the agents &ndash; keeps the Brazilian economy in a deep recession&rdquo;. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Confederation of Industry (CNI) revised down its forecast for the Brazilian GDP in 2016, going from 2.6% to 3.1%.<\/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-53809","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The National Confederation of Industry (CNI) revised down its forecast for the Brazilian GDP in 2016, going from 2.6% to 3.1%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53809","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=53809"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53809\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=53809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=53809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=53809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}