Kelly Oliveira      Reporter Agência Brasil

Brasília – Financial institutions and market analysts consulted by the Central Bank in its weekly Focus report, continue to forecast GDP growth for 2012 at 3.3%, as they have done for some weeks now. At a recent press conference when he announced budget cuts totaling R$55 billion, minister of Finance, Guido Mantega, maintained his forecast of GDP growth at 4.5%.

The latest Focus report also found market forecasts for industrial growth this year had fallen slightly from 2.7% to 2.5%.

Allen Bennett – translator/editor The News in English

Link - Previsão de crescimento da economia é mantida em 3,3% no ano