Clipping of news on Brazilian Culture, Law and Citizenship
09/30/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
transparent image
Document also cites the export recovery and Brazilian economy booming
Agency of Brazil
Consumption will continue growing , but at a slower pace . In contrast , investments and net exports (excluding imports ) will gain momentum . This is a scenario outlined by BC ( Central Bank ) , the Quarterly Inflation Report , released on Monday ( 30 ) .
The BC points out that the Brazilian economy continues to expand, with the pace of activity in the second quarter higher in the first three months of 2013 . BC The document cites the recovery of exports and the continued expansion of investments .
" It should be noted also that the central scenario contemplates pace of domestic activity more intense this year and next , ie a growth trajectory ," adds BC . The report also said that the economic expansion will be " more in line with growth potential."
For BC , domestic demand " tends to perform relatively robust , especially household consumption ." According to BC , this is a consequence of stimulus factors such as income growth and moderate credit expansion . But , in the evaluation of BC , domestic demand will still be impacted , and the following semesters , by lingering effects of elevations of the basic interest rate , the Selic .
The BC raises Selic when you consider that inflation is on the rise , with the economy very heated . When there is high Selic , the tendency is to reduce consumption .
This year , the Committee ( Monetary Policy Committee ) of BC increased the Selic rate by 0.25 percentage point in April and 0.5 percent in May , July and August . The next meeting of the Monetary Policy Committee this year will be on 8 and 9 October .
The BC also evaluates programs to public service concessions and permissions for oil exploration " create good prospects for investments and industrial production . "
In the report , the Fed said it reduced the projection of economic growth this year from 2.7% to 2.5 % .
Source : R7
Our news are taken in full from our partner sites . For this reason , we can not change the contents of the same even in cases of typos .
transparent image
This article was translated by an automatic translation system, and was therefore not reviewed by people.