|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Brazil (Click here for more)

Analysts Expect Brazilís Economy to Grow Less Than 2%

RIO DE JANEIRO Ė Private sector analysts have revised their 2014 growth forecasts for Brazilís economy downward to 1.91 percent from 2 percent a week ago, the Central Bank said Monday.

Analysts also trimmed their 2015 growth forecasts for South Americaís largest economy from 2.5 percent to 2.2 percent.

The gross domestic product (GDP) estimates were included in the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

The latest forecasts reflect analystsí pessimism about Brazilís economy, with both the 2014 and 2015 growth numbers being pegged below the 2.3 percent projected for 2013.

Brazilís GDP expanded by 7.5 percent in 2010, but the economy posted tepid growth of 2.7 percent in 2011 and just 1 percent in 2012.

Private sector analysts revised their 2014 inflation estimates upward from 6.01 percent last week to 6.02 percent this week.

Analysts also adjusted the inflation forecast for next year upward from 5.6 percent to 5.7 percent.

The upward revision indicates that analysts have concluded that government efforts to contain inflation, such as raising interest rates, will come up short and prices will rise slightly.

Brazil ended 2013 with an inflation rate of 5.91 percent, a level that was above analystsí estimates but within the target range set by the government, which has a top-end inflation figure of 6.5 percent.

Economists expect inflation to be within the governmentís target range in both 2014 and 2015.

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:




 

 

Xbox Live Gratuit
Copyright Latin American Herald Tribune - 2009 © All rights reserved