{"id":58343,"date":"2017-09-28T16:11:00","date_gmt":"2017-09-28T18:11:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/ipea-expects-2017-gdp-to-go-up-0-7\/"},"modified":"2019-06-30T12:45:03","modified_gmt":"2019-06-30T15:45:03","slug":"ipea-expects-2017-gdp-to-go-up-0-7","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/ipea-expects-2017-gdp-to-go-up-0-7\/","title":{"rendered":"IPEA expects 2017 GDP to go up 0.7%"},"content":{"rendered":"<p>Rio de Janeiro &ndash; The Institute for Applied Economic Research (IPEA) is expecting a 0.7% growth of the Gross Domestic Product (GDP) in 2017 and of 2.6% in 2018. According to data released this Thursday (28), consumption by families, exports and agricultural growth will drive up the result this year.<\/p>\n<p>After Q3, IPEA estimates that industry and services sector will drive the economy&rsquo;s recovery. According to the director at the Directorate of Macroeconomic Studies and Policies (DIMAC), Jos&eacute; Ronaldo de Castro Souza Junior, agriculture was stronger in the first six months and reached a very high level. &ldquo;We believe there&rsquo;s been a cyclical reversion and we are out of recession,&rdquo; said Castro, who forecasts a gradually recovery. <\/p>\n<p>IPEA revised down its growth forecast for 2018, which was 3.4% in the survey released in March. According to Castro, there was an expectation that the social security reform would be approved by mid-year, which didn&rsquo;t happen.&nbsp;<\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian economy is expected to grow this year and see an even sharper growth \u2013 2.6% \u2013 in 2018, according to a survey by the Institute for Applied Economic Research (IPEA).<\/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-58343","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Brazilian economy is expected to grow this year and see an even sharper growth \u2013 2.6% \u2013 in 2018, according to a survey by the Institute for Applied Economic Research (IPEA).","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58343","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=58343"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58343\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=58343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=58343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=58343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}