Brazil's economy growth forecast could have reached a positive inflection point

Wednesday, November 19th 2014 - 08:06 UTC

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Private sector analysts raised their 2014 growth forecast for Brazil's economy to 0.21% from 0.20% last week, the Central Bank said on Monday. But analysts left their 2015 gross domestic product (GDP) growth estimate unchanged at 0.80%, the Central Bank said. However it is expected the latest forecast could mean the beginning of the end to the sustained several years slide and an inflection point. Read full article

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Brasileiro
And the good news? The Mercopress will not publish?

According to the IBC-Br, prior of GDP released by the Central Bank, Brazil grew 0.4% in September/2014. Amounting to an annualized rate of 5%.

I think the dry weather is ending.
Nov 19th, 2014 - 09:38 am - Link - Report abuse 0
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Anglotino
Brazil GDP as released by Instituto Brasileiro de Geografia e Estatística on 29th August:
QoQ: -0.6%
YoY: -0.9%

That's nowhere near 5%.

Next stats due out in 10 days.
Nov 19th, 2014 - 10:57 am - Link - Report abuse 0
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Brasileiro
The link in your language.

http://www.reuters.com/article/2014/11/17/brazil-economy-activity-idUSEMNEBH0RZ20141117
Nov 19th, 2014 - 11:04 am - Link - Report abuse 0
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Anglotino
That's an economic activity index you fool.

It doesn't mean Brazil GREW by that rate.

Jesus, stick with juvenile Youtube links.
Nov 19th, 2014 - 12:44 pm - Link - Report abuse 0
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Brasileiro
@4 Canguru

Your discomfort with Brazil's growth is evident. Be careful you do not have a heart attack!
Nov 19th, 2014 - 01:34 pm - Link - Report abuse 0
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golfcronie
@4
Ignore Brassiere, he even thinks England is the UK ( Great Britain, Britain ) so obviously is uneducated.
Nov 19th, 2014 - 03:36 pm - Link - Report abuse 0
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ChrisR
@ 1 Brasso
“And the good news? The Mercopress will not publish?”

Well, there is a reason why MP won't publish this “success”.

It is NOT a success you plonker, just the reverse in reality.
Nov 19th, 2014 - 06:05 pm - Link - Report abuse 0
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Anglotino
Yes yes Brasileiro. Brazil's growth rate of -0.9% gave me great discomfort until I realised that Australia's was 3.1%.....

Then I just pissed myself laughing.
Nov 19th, 2014 - 08:37 pm - Link - Report abuse 0
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yankeeboy
Brazil's currency wouldn't be plunging if things were doing well there.

I'd be most concerned about San Paulo running out of water.
The rivers they COULD pull from in an emergency have raw sewage dumping into them so that's out.

Filthy beasts.
Nov 20th, 2014 - 02:12 pm - Link - Report abuse 0
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