{"id":58478,"date":"2017-10-16T12:53:00","date_gmt":"2017-10-16T14:53:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/inflation-forecast-from-banks-up-2\/"},"modified":"2019-06-30T12:44:43","modified_gmt":"2019-06-30T15:44:43","slug":"inflation-forecast-from-banks-up-2","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/inflation-forecast-from-banks-up-2\/","title":{"rendered":"Inflation forecast from banks up"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Brazilian financial market players revised up their inflation forecast for the second time in a row. Consumer inflation rate <em>&Iacute;ndice Nacional de Pre&ccedil;os ao Consumidor Amplo (IPCA)<\/em> is seen ending the year at 3% per annum, up from a prior forecast of 2.98%. The estimates are released on the Brazilian Central Bank website on a weekly basis in the Focus Bulletin, which tracks key economic indicators. <\/p>\n<p>The IPCA forecast for 2018 remained the same as last week at 4.02%. Both the 2017 and 2018 projections are lower than 4.5%, the midpoint of the Central Bank&rsquo;s inflation target range. <\/p>\n<p>Respondents of the bank&rsquo;s poll see the benchmark interest rate (known as Selic) ending both 2017 and 20189 at 7%. The Gross Domestic Product (GDP) growth forecast moved up from 0.70% to 0.72% for this year, and from 2.43% to 2.50% in the next.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The inflation rate estimate from Brazilian financial market players moved up from 2.98% to 3%, with the GDP growth projection going from 0.70% to 0.72%.<\/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-58478","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The inflation rate estimate from Brazilian financial market players moved up from 2.98% to 3%, with the GDP growth projection going from 0.70% to 0.72%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58478","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=58478"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58478\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=58478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=58478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=58478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}