Tag: Brazil’s GDP

• Friday, December 18th 2015 - 08:01 UTC

  Brazil's budget targets ignored by Congress; Finance minister could resign

  

  Brazil’s Congress on Thursday approved a 2016 budget with surplus targets lower than what Finance Minister Joaquim Levy wanted, a day after the country lost an investment-grade credit rating on concerns about fiscal restraint.

• Tuesday, December 15th 2015 - 08:32 UTC

  Brazil's Central bank Focus weekly negative report

  

  Analysts expect Brazil's economy to contract by 3.62% this year, with inflation hitting 10.61%, the Central Bank said Monday. GDP and inflation estimates come from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

• Tuesday, December 8th 2015 - 09:08 UTC

  No break for the Brazilian economy, according to the central bank

  

  Analysts expect Brazil's economy to contract by 3.50% this year, with inflation hitting 10.44%, the Central Bank said on Monday. GDP and inflation estimates come from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

• Thursday, November 26th 2015 - 08:18 UTC

  Poor report on Rousseff's performance from Brazil's central bank forecast

  

  Analysts expect Brazil's economy to contract by 3.15% this year and 2.01% in 2016, the Central Bank reported. The gross domestic product (GDP) estimate comes from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

• Friday, November 20th 2015 - 09:44 UTC

  Brazilian economic activity contracts for the fourth straight quarter

  

  Economic activity in Brazil contracted for the fourth straight quarter, central bank data showed this week as Latin America's biggest economy plunges further into recession. The bank's IBC-Br economic activity index indicates economic activity fell 1.41% in the third quarter from the previous three months.

• Tuesday, November 10th 2015 - 07:13 UTC

  Brazilian economy forecasted to contract 3.10%, says central bank survey

  

  Brazil's economy will contract by 3.10% this year, with the inflation rate hitting 9.99%, the Central Bank said Monday, citing its weekly survey of private sector economic analysts. Last week, analysts said they expected Brazil's economy to contract by 3.05% this year and the inflation rate to be 9.91%.

• Tuesday, October 6th 2015 - 08:11 UTC

  Brazil's GDP expected to contract 2.85% this year, says central bank survey

  

  Economists again cut their outlook for Brazil's economic performance for this year, as consumer and business confidence continue at historic low levels. Brazil's GDP is expected to contract 2.85% this year, according to a weekly central-bank survey of 100 economists, compared with expectations last week for a contraction of 2.80%.

• Wednesday, September 9th 2015 - 08:10 UTC

  No end to Brazil's bad news: two consecutive years of recession ahead

  

  Analysts expect Brazil's economy to contract by 2.44% this year, marking the worst performance since 1990, and inflation will hit 9.29%, the Central Bank said Tuesday. The latest figures represent a downward revision from last week, when analysts expected Latin America's largest economy to contract by 2.26% and inflation to come in at 9.28%.

• Tuesday, September 1st 2015 - 07:08 UTC

  Brazil Central bank survey says economy will shrink 2.26% this year and 0.40% next year

  

  Analysts expect Brazil's economy to contract by 2.26% this year, reflecting greater pessimism in the wake of the release of figures last week showing that the country is in a recession, the Central Bank said Monday.

• Tuesday, July 28th 2015 - 06:13 UTC

  Brazil central bank survey confirms worst economic performance since 1990

  

  Analysts expect Brazil's economy to contract by 1.76% this year, marking its worst performance since 1990, with the inflation rate hitting 9.23%, the Central Bank said on Monday.