BRASILIA, Nov. 23 (Xinhua) -- Brazil's private-sector financial analysts are forecasting a smaller contraction in economic growth in 2020 than previously projected, from a drop of 4.66 percent to 4.55 percent in gross domestic product (GDP), the Central Bank of Brazil said on Monday.
Analysts also upgraded their growth forecast for 2021, from an expansion of 3.31 percent to 3.4 percent in GDP, according to the bank's weekly survey of the country's main financial institutions.
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