Brazil's financial market forecasts 3.4 pct economic growth in 2021


  • World
  • Tuesday, 12 Jan 2021

BRASILIA, Jan. 11 (Xinhua) -- Brazilian financial analysts slightly upgraded their 2021 growth forecast, from a 3.4 percent to 3.41 percent expansion in gross domestic product (GDP), after modifying the estimated contraction for 2020 from 4.36 to 4.37 percent, the Central Bank of Brazil said Monday.

According to the bank's weekly survey of the country's top financial institutions, the analysts also raised estimated inflation for 2021 from 3.32 percent to 3.34 percent.

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