Economy Expected To Contract By 1.7% In 2015, Central Bank Survey Finds

News: Analysts surveyed by the Brazilian central bank project the Brazilian economy to contract by 1.7% in 2015, with inflation increasing to 9.15%. The Boletin Focus, a weekly survey by Banco Central do Brasil of analysts from around 100 private financial institutions on the state of the national economy, was released on July 20. In an earlier edition of the survey, analysts had projected the economy to contract by 1.5%. Over the first five months of 2015, economic activity in Brazil...

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