Brazil 2016 GDP view drops to zero, inflation forecast rises-poll

lunes 10 de agosto de 2015 07:42 GYT

BRASILIA, Aug 10 (Reuters) - Brazil's economy is unlikely to
grow in 2016 following a steep contraction in 2015, according to
a weekly central bank survey of economists on Monday.
    The median forecast of about 100 financial institutions
projected zero growth for Brazil's gross domestic product in
2016, down from estimates of a 0.2-percent increase in the prior
week's survey. Brazil's economy is expected to shrink 1.97
percent in 2015.
    The survey also showed a slight increase in inflation
forecasts for 2016, to 5.43 percent, from 5.40 percent
previously. The central bank last week said it could raise
interest rates from the current 14.25 percent in coming months
if inflation estimates for next year deviated significantly from
its target of 4.5 percent.
 (pct)                2015                 2016
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation   9.25       9.32      5.40      5.43
 Exchange rate        3.35       3.40      3.49      3.50
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate        14.25      14.25     12.00     12.00
 GDP growth           -1.80      -1.97     0.20      0.00
 Industrial output    -5.00      -5.21     1.30      1.15

 (Reporting by Silvio Cascione Editing by W Simon)