Tag: growth forecast

• Wednesday, December 23rd 2020 - 09:35 UTC

  Brazilian financial analysts upgrade growth forecast for 2020

  

  Brazilian financial analysts slightly upgraded their growth forecast for 2020, from a 4.41% drop in gross domestic product (GDP) to a 4.4% drop, the Central Bank of Brazil reported.

• Friday, December 20th 2019 - 08:56 UTC

  Brazil central bank raises 2020 growth forecast to 2.2%

  

  Brazil’s central bank on Thursday raised its 2020 gross domestic product growth forecast to 2.2% in its quarterly inflation report from 1.8% previously but cautioned it was conditional on continued progress on economic reforms.

• Friday, June 29th 2018 - 08:40 UTC

  Brazil central bank slashed 2018 growth forecast to 1.6%

  

  Brazil’s central bank on Thursday slashed its growth forecast for 2018 gross domestic product after a nationwide truckers strike paralyzed key sectors of Latin America’s largest economy. The bank sees GDP growth of 1.6% this year, according to its quarterly inflation report, compared to 2.6% previously.

• Wednesday, June 6th 2018 - 08:27 UTC

  Brazil's central bank survey lowers 2018 growth forecast to 2.18%

  

  Brazil's financial market has downgraded its 2018 economic growth forecast from 2.37% to 2.18%, according to a Focus poll released on Monday by the Central Bank. Four weeks ago, a similar survey of the country's leading financial institutions showed GDP was expected to expand 2.7%.