Brazil - Brazzil Mag - Analysts Upgrade Forecast for Brazil's Surplus to US$ 38 Billion
Advertisement
  Saturday, 11 October 2008 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care


Mortgage Calculator | Mobile Phone | Internet Advertising | Loans | Secured Loans
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 28 guests online
Latest News
Statistics
Members: 405
News: 10014
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 

Analysts Upgrade Forecast for Brazil's Surplus to US$ 38 Billion PDF Print E-mail
Written by Stênio Ribeiro   
Monday, 16 January 2006

The good performance in Brazilian exports in the beginning of the year has caused the first alteration in the forecasts by market annalists for the surplus in Brazil's trade balance in 2006.

The previous forecast, which pointed to a surplus of US$ 37 billion in the year, was now corrected to US$ 38 billion.

This means that the country is likely to carry on exporting more products than importing. The estimate for a positive surplus of US$ 8 billion in the current account balance (sum of all commercial and financial transactions with the international market) has also been reinforced.

The analysts' opinion on the trade balance was registered as of a research by the Central Bank of Brazil, released Monday, January 16, through the report Focus.

The study shows the financial health of the economy's external sector. The same doesn't happen in the internal market, where the estimated increase in industrial production in 2005 dropped a little more, from 3.15% to 3%.

The analysts interviewed by the Central Bank believe that the Gross Domestic Product (GDP), sum of all riches produced in the country in 2005, increased by about 2.4%. For 2006, the forecast for the GDP is still maintained at 3.5%.

Agência Brasil

Hits: 4585
Comments (0)Add Comment

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >