Brazil economists lower growth forecasts for 2014 and 2015 -poll

lunes 15 de diciembre de 2014 07:12 GYT
 

RIO DE JANEIRO, Dec 15 (Reuters) - Brazilian economists have
lowered the country's economic growth forecasts for 2014 and
2015, a weekly central bank survey showed on Monday.   
   Brazil's economy is expected to grow only 0.16 percent in
2014 and 0.69 percent in 2015, according to the median forecasts
in a survey of about 100 financial institutions, down from
estimates of 0.18 percent and 0.73 percent a week earlier,
respectively. 
    Inflation should close the year at 6.38 percent, unchanged
from the previous week's estimate.
    Economists see the central bank's benchmark Selic rate
ending next year at 12.50 percent, unchanged from the previous
week's estimate. 
    
 
 (pct)                2014                 2015
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation   6.38       6.38      6.50      6.50
 Exchange rate        2.55       2.60      2.70      2.72
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate        --          --       12.50     12.50
 (end-period)                                        
 GDP growth           0.18       0.16      0.73      0.69
 Industrial output    -2.50      -2.50     1.23      1.13
 

 (Reporting by Walter Brandimarte; Editing by Kevin Liffey)