{"id":58243,"date":"2017-09-18T12:49:00","date_gmt":"2017-09-18T14:49:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/market-revises-down-inflation-forecast-2\/"},"modified":"2019-06-30T12:45:16","modified_gmt":"2019-06-30T15:45:16","slug":"market-revises-down-inflation-forecast-2","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/market-revises-down-inflation-forecast-2\/","title":{"rendered":"Market revises down inflation forecast"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The financial market again revised down its inflation forecast for this year and 2018. According to the Focus Bulletin, a survey released every week at the website of the Brazilian Central Bank (BC), the financial market&rsquo;s forecast for the inflation rate, as measured by the Extended National Price Consumer Index (IPCA), dropped from 3.14% to 3.08% this year, the fourth consecutive decline. For 2018, the IPCA forecast was revised down from 4.15% to 4.12%, the third consecutive decline.<\/p>\n<p>The financial market&rsquo;s forecast for the SELIC &ndash; the benchmark interest rates &ndash; remained at 7% per year at the end of 2017, and declined from 7.25% to 7% per year at the end of 2018. The forecast for the Gross Domestic Product (GDP) remained at 0.6% expansion for this year. For 2018, the growth forecast went from 2.1% to 2.2%.<\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions polled by the Brazilian Central Bank believe that prices will be raised by 3.08% this year. Last week\u2019s inflation forecast was of 3.14%.<\/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-58243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Financial institutions polled by the Brazilian Central Bank believe that prices will be raised by 3.08% this year. Last week\u2019s inflation forecast was of 3.14%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58243","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=58243"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58243\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=58243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=58243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=58243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}