NEWS IN ENGLISH – Market estimates for GDP growth this year remain at 3.3%, while debt/GDP ratio forecast dropped

allen — Tue, 14 Feb 2012 11:44:18 +0000

Kelly Oliveira Reporter Agência Brasil

Brasília – The latest weekly market survey by the Central Bank, the Focus report, found that financial institutions and analysts expect GDP growth this year to reach 3.3%. And for next year the forecast dropped slightly from 4.2% to 4.1%.

The market expects the industrial sector to grow 2.70% this year (down from 2.79% in the last Focus report). As for industrial sector growth in 2013, the market sees it coming in at a strong 4%.

Markets projections for the debt/GDP ratio, meanwhile, shifted slightly lower: from 36.95% to 36.90% this year and from 35.8% in 2013, to 35.5%.

Allen Bennett – translator/editor The News in English

Link – Focus: estimativa de crescimento da economia este ano permanece em 3,3%