Analysts and investors in financial markets again raise the inflation forecast closing measured by the Broad Consumer Price Index (IPCA) for 2015. The estimate high, which was 8.29%, is now 8.31%.
The IPCA, calculated by the Brazilian Institute of Geography and Statistics (IBGE), checks the price variation of a set of products and services sold at retail, on personal consumption of households with income of one to 40 minimum wages, whatever the source of income. Since June 1999, the IPCA is the index used by the Central Bank (BC) for monitoring the objectives established in the inflation targeting system and is considered the official inflation index of the country.
The market also expanded the rise forecast for administered prices, such as energy and gasoline, from 13.2% to 13.5%.
Information is in the Focus Bulletin, a weekly survey of financial institutions, released today, 18 at BC.Os analysts remained unchanged expectation of falling Gross Domestic Product (GDP, the sum of goods and services produced in the country) in -1 2%. The downward projection of industrial production has expanded, from -2.5% to -2.8%.
The estimate for the exchange rate at the end of 2015 stood at R $ 3.20. The Selic closing forecasting, basic interest rate of the economy, also remains the same, at 13.5% per year. Currently, the Selic, BC instrument for controlling inflation, is 13.25% per year.
The estimate of net public sector debt stood at 37.95% of GDP. The projection of the current account deficit, which measures the quality of the external accounts, rose from $ 80 billion to $ 82.4 billion. The balance designed for the trade balance remains positive at $ 3 billion. The estimated foreign investment rose from $ 59 billion to $ 61 billion.
Source: Agência Brasil Foto: (Photo: Archive Portal Infonet)
