 | Brazil’s gross domestic product will expand 1.20 percent in 2015, according to a central bank survey of about 100 analysts. That’s the lowest estimate since the central bank started publishing the data in January and a "modest adjust" presented by the economists when compared to the 5.50 forecasted percent of growth in the end of 2013 for this year. “Next year will be a time of adjustments - increases to government |
regulated prices will be needed and measures on the fiscal side must be taken to prevent losing the investment grade rating,” Newton Rosa, chief economist at Sul America Investimentos. “There are no signs that point to a solution to the problems that are affecting industry, specially investments”.
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