Monday, April 16, 2007

Brazilian Economists Forecast Economic Growth at 4 Percent for 2007, 2008

(Bloomberg) -- Brazilian economists raised their 2007 and 2008 forecasts for the country's economic growth for a fourth week after the national statistics agency changed its methodology to calculate Brazil's output.

Gross domestic product will likely expand 4 percent in 2007 and in 2008, compared with a forecast of 3.9 percent for both years a week earlier, according to the median estimate of about 100 economists in a central bank survey taken April 13 and published today.


Read more at Bloomberg Emerging Markets News

No comments: