Monday, September 16, 2013

Reuters: US Dollar Report: Economists raise Brazil 2013 GDP growth forecast to 2.4 pct

Reuters: US Dollar Report
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Economists raise Brazil 2013 GDP growth forecast to 2.4 pct
Sep 16th 2013, 11:31

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Mon Sep 16, 2013 7:31am EDT

  SAO PAULO, Sept 16 (Reuters) - Economists raised their  forecasts for Brazil's economic growth in 2013 to 2.40 percent  from 2.35 percent previously, a weekly central bank survey  showed on Monday.      The poll provides the median forecasts of economists at  about 100 financial institutions.      Economists also raised their estimates for next year's  inflation rate to 5.90 percent, from 5.85 percent in the prior  week's survey. Forecasts for interest rates remained unchanged.              (pct)                2013                 2014                        previous   new       previous  new                        forecast   forecast  forecast  forecast   Consumer inflation   5.82       5.82      5.85      5.90   Exchange rate        2.36       2.35      2.40      2.40     Interest rate        9.75       9.75      9.75      9.75     GDP growth           2.35       2.40      2.28      2.22   Industrial output    2.10       2.12      3.00      2.65  
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