Brazil: Central Bank survey predicts higher economic growth this year

 Brazil: Central Bank survey predicts higher economic growth this year

On December 9th, the "Focus Survey" released by the Central Bank of Brazil showed that the financial market expects the Brazilian economy to achieve higher growth and raised its inflation expectations for the fifth consecutive week. The market also predicts that Brazil's trade surplus will increase from US $ 43.5 billion to US $ 43.6 billion in 2019, and this number will decrease from US $ 40 billion previously estimated to US $ 38.95 billion in 2020. Brazil's foreign direct investment is expected to stabilize at US $ 75 billion in 2019 and an estimated value of US $ 80 billion in 2020. (Source: Xinhua News Agency)