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Brazilian economy remains in recession; Central bank survey indicates 0.27% growth this year

Tuesday, October 28th 2014 - 15:27 UTC
Full article 5 comments

Private sector analysts are maintaining their 2014 growth forecast for Brazil's economy at 0.27%, the Central Bank said on Monday. GDP estimate was included in the Focus review, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy. Read full article

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  • ChrisR

    Now who to believe?

    The privte sector who work for a living who say 0.27%, or the liars in government who say 0.9%.

    With inflation at 6.5% it means all the idiots who voted for DumbAss will get what they deserve.

    Oct 29th, 2014 - 12:56 pm - Link - Report abuse 0
  • Jack Bauer

    @1 ChrisR
    The answer is obvious : the private sector . The government just lies. A curious fact to do with this, occurred about 2 weeks before the 2nd round : Aécio requested the TSE (Electoral High Court) to oblige the government to release the official figures regarding the economy's performance during August and September ; the judge - appointed by whom ? Dilma, of course - said he would not order the release of such information, and allowed the government to withhold it, as “it might be used to criticize the government's performance, which could influence the outcome of the election”....so much for transparency...
    Therefore, whatever the government tells us should be construed as a lie.
    But as far as the GDP is concerned, there is still time for it to become negative.

    Oct 29th, 2014 - 08:12 pm - Link - Report abuse 0
  • Brasileiro

    Jack Bosta just talks shit. Jack Bosta you think that GDP will fall, the dollar will rise, Bovespa will plummet, just because you will close your dump or because Rousseff has not yet created “Meu Banho, Minha Vida” to Sao Paulo?

    Tucanalhas have no way!

    Oct 29th, 2014 - 10:18 pm - Link - Report abuse 0
  • 51 uma boa ideia

    Uhu!
    Nossa tem um Pteba que sabe “ingres”.
    Como todo bom aliado e mau educado, mal informado e muito arrogante!
    Se vangloriam de “terem ganhado”as eleicoes, mas nao espere muito nao meu amigo,
    comemore o aumento da gasolina, agua,eletricidade, inflacao e sorria!
    Pois “Nois” q votamos no Aecio estamos rindo, de ver tanta burrice dos petebas q. tem que engolir agora a recessao e os besteirol que postam, inclusive em “ingres”.
    E so o comeco, a sua presidentA ficou sem governar o pais mais de um mes, e onde esta agora?“passeando” na Bahia!
    Tem coragem de defender uma incompetentA como essa?
    E falta de patriotismo!
    Moron!

    Oct 30th, 2014 - 07:35 am - Link - Report abuse 0
  • Jack Bauer

    @4 ....51 uma boa ideia
    Acertou na mosca ! esses rabanetes serão os primeiros a sentirem os efeitos da incompetência da presidANTA. You hit the nail on the head ! those commies will be the first ones to feel the effects of fat D's incompetence.
    An interesting fact regarding last Sunday's election, and the numbers can be easily verified :
    The 3 States in Brazil with the largest contribution to the GDP, are Sao Paulo, Rio and Minas Gerais, with 33%, 11%, 9% respectively, totaling 53% of the GDP.
    The votes from all of Brazil (2nd round, on 26th October) : Dilma 51.64%, Aécio 48.36%.
    But, of the votes counted in SP, RJ and MG, Aécio received 23.12% and Dilma only 17.93%.
    So, if the election had been in only these 3 States, which together represent 53% of the GDP, Aécio would have won by quite a large margin.
    Conclusion : Dilma was not voted in by the people who produce the nation’s wealth, but by the free-loaders who produce nothing.
    A strong sign that ‘something’ is wrong. And despite Dilma’s arrogance, she must know damned well that she’s sitting on an ants' nest.

    Oct 30th, 2014 - 04:50 pm - Link - Report abuse 0

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