Financial market reduces estimate of Brazilian GDP to 2.17% for 2020

The estimate for the growth of the Gross Domestic Product (GDP) fell from 2.20% to 2.17% in 2020. The information is contained in the Focus bulletin, a weekly survey by the Brazilian Central Bank (BC), which brings the projections of financial institutions to the main economic indicators. The market estimates that the GDP for the following years, 2021, 2022 and 2023, remain 2.50%.

Source: Jornal do Brasil

Categories: Macroeconomy/Finance