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Financial News: BRAZIL: Economists Keep 2018 GDP Growth Estimate Unchanged

BRAZIL: Economists Keep 2018 GDP Growth Estimate Unchanged At 2.75%

05/01/2018 - 14:53:00 (RTTNews)

(RTTNews) - Economists surveyed by the Brazilian central bank kept unchanged their forecasts for economic growth in 2018, at 2.75%. For 2019, GDP growth projections remained at 3.00% for the thirteenth week.

Projections for Brazil's debt-to-GDP ratio remained stable at 55.00% for 2018 and 57.00% in 2019.

Projections for the Brazilian industrial output growth in 2018 decreased to 4.28%, from 4.29% a week before, while the 2019 forecast remained at 3.50% for the seventh consecutive week.

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