May 20, 2019 / 11:52 AM / 3 months ago

Brazil 2019 GDP growth outlook falls to 1.24% - central bank survey of economists

BRASILIA, May 20 (Reuters) - Brazil’s economy is expected to grow by just 1.24% this year, according to a regular central bank survey of around 100 financial institutions published on Monday, the bleakest outlook so far this year.

That median forecast is down from 1.45% the week before, and well over a full percentage point down from 2.55% predicted in January. (Reporting by Jamie McGeever Editing by Chizu Nomiyama)

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