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Financial News: BRAZIL: Economists Trim 2018 GDP Growth Estimate To

BRAZIL: Economists Trim 2018 GDP Growth Estimate To 2.75%, From 2.76%

04/23/2018 - 12:41:00 (RTTNews)

(RTTNews) - Economists surveyed by the Brazilian central bank cut their forecasts for economic growth in 2018 for the fourth consecutive week, to 2.75% from 2.76% last week. For 2019, GDP growth projections remained at 3.00% for the twelfth 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 increased to 4.29%, from 3.97% a week before, while the 2019 forecast remained at 3.50%.

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