Brazil's government cuts 2023 GDP growth forecast as global economy weakens
Friday, November 18, 2022
© Reuters. FILE PHOTO: A homeless walks near the Ministry of the Economy building in Brasilia, Brazil March 23, 2022. REUTERS/Ueslei Marcelino/File Photo BRASILIA (Reuters) - Brazil's Economy Ministry on Thursday cut its 2023 GDP growth forecast to 2.1%, from the 2.5% anticipated in September, due to a deterioration in the global economic outlook.
Private economists in a Brazilian central bank weekly survey projected gross domestic product would grow 0.7% in Latin America's largest economy next year.
In a statement, the ministry's Secretariat for Economic Policy stressed that the global economy has weakened in the face of monetary tightening in the United States and other developed economies, which has hampered prospects for growth.
"Our base scenario considers market estimates, whose projections indicate a slowdown in global activity, but do not point to a recession," it said.
At the same time, the ministry kept its 2022 GDP growth outlook at 2.7% on the basis of solid activity in the services sector and an improved labor market. That was in line with the market's 2.77% estimate.
The ministry decreased its 2022 inflation forecast to 5.85% from the 6.3% projected in September.
For 2023, the official inflation projection now stands at 4.6%, up from the prior 4.5% forecast.
Leave your comment
APPROVED BROKERS
07-12-2023 07:39:14 (UTC+7)
EUR/USD
1.0772
+0.0010 (+0.09%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
EUR/USD
1.0772
+0.0010 (+0.09%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
GBP/USD
1.2563
+0.0004 (+0.03%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
USD/JPY
147.02
-0.28 (-0.19%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
AUD/USD
0.6557
+0.0008 (+0.13%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
USD/CAD
1.3590
-0.0001 (-0.01%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
EUR/JPY
158.36
-0.20 (-0.13%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
EUR/CHF
0.9418
+0.0001 (+0.01%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (2)
Sell (4)
Gold Futures
2,045.00
-2.90 (-0.14%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (11)
Sell (0)
Silver Futures
24.277
+0.049 (+0.20%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Copper Futures
3.7397
+0.0097 (+0.26%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Crude Oil WTI Futures
69.62
+0.24 (+0.35%)
Summary
NeutralMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (2)
Sell (3)
Brent Oil Futures
74.30
0.00 (0.00%)
Summary
NeutralMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (2)
Sell (3)
Natural Gas Futures
2.566
-0.001 (-0.04%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
US Coffee C Futures
175.85
-7.90 (-4.30%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (10)
Sell (0)
Euro Stoxx 50
4,483.75
+30.98 (+0.70%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (6)
S&P 500
4,549.34
-17.84 (-0.39%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (4)
DAX
16,656.44
+123.33 (+0.75%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (5)
FTSE 100
7,515.38
+25.54 (+0.34%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (5)
Hang Seng
16,474.00
+168.50 (+1.03%)
Summary
BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (5)
Sell (1)
US Small Cap 2000
1,851.25
-4.79 (-0.26%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (0)
Sell (7)
IBEX 35
10,258.10
+19.70 (+0.19%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (6)
BASF SE NA O.N.
44.440
+0.840 (+1.93%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Bayer AG NA
32.39
+0.69 (+2.16%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (7)
Sell (1)
Allianz SE VNA O.N.
240.95
+2.20 (+0.92%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (5)
Sell (3)
Adidas AG
197.00
+1.72 (+0.88%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (7)
Deutsche Lufthansa AG
8.585
+0.266 (+3.20%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (0)
Sell (6)
Siemens AG Class N
160.92
+2.18 (+1.37%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (4)
Deutsche Bank AG
11.670
+0.100 (+0.86%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (5)
Sell (3)
| EUR/USD | 1.0772 | ↑ Buy | |||
| GBP/USD | 1.2563 | ↑ Buy | |||
| USD/JPY | 147.02 | ↑ Sell | |||
| AUD/USD | 0.6557 | ↑ Buy | |||
| USD/CAD | 1.3590 | ↑ Sell | |||
| EUR/JPY | 158.36 | ↑ Sell | |||
| EUR/CHF | 0.9418 | ↑ Sell |
| Gold | 2,045.00 | ↑ Buy | |||
| Silver | 24.277 | ↑ Buy | |||
| Copper | 3.7397 | ↑ Buy | |||
| Crude Oil WTI | 69.62 | Neutral | |||
| Brent Oil | 74.30 | Neutral | |||
| Natural Gas | 2.566 | ↑ Sell | |||
| US Coffee C | 175.85 | ↑ Buy |
| Euro Stoxx 50 | 4,483.75 | ↑ Sell | |||
| S&P 500 | 4,549.34 | Sell | |||
| DAX | 16,656.44 | ↑ Sell | |||
| FTSE 100 | 7,515.38 | ↑ Sell | |||
| Hang Seng | 16,474.00 | Buy | |||
| Small Cap 2000 | 1,851.25 | ↑ Sell | |||
| IBEX 35 | 10,258.10 | ↑ Sell |
| BASF | 44.440 | ↑ Buy | |||
| Bayer | 32.39 | ↑ Buy | |||
| Allianz | 240.95 | Buy | |||
| Adidas | 197.00 | ↑ Sell | |||
| Lufthansa | 8.585 | Sell | |||
| Siemens AG | 160.92 | Neutral | |||
| Deutsche Bank AG | 11.670 | Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 7,320/ 7,420 (0/ 0) # 1,465 |
| SJC HCM | 7,300/ 7,420 (0/ 0) # 1,465 |
| SJC Hanoi | 7,300/ 7,422 (0/ 0) # 1,467 |
| SJC Danang | 7,300/ 7,422 (0/ 0) # 1,467 |
| SJC Nhatrang | 7,300/ 7,422 (0/ 0) # 1,467 |
| SJC Cantho | 7,300/ 7,422 (0/ 0) # 1,467 |
| Cập nhật 07-12-2023 07:39:16 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $2,027.99 | +9.49 | 0.47% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 23.680 | 24.150 |
| RON 95-III | 22.990 | 23.440 |
| E5 RON 92-II | 21.790 | 22.220 |
| DO 0.05S | 20.190 | 20.590 |
| DO 0,001S-V | 21.590 | 22.020 |
| Dầu hỏa 2-K | 21.110 | 21.530 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $69.79 | -5.5 | -0.07% |
| Brent | $74.29 | -5.77 | -0.07% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 24.065,00 | 24.435,00 |
| EUR | 25.474,81 | 26.873,60 |
| GBP | 29.775,38 | 31.043,30 |
| JPY | 160,24 | 169,63 |
| KRW | 15,96 | 19,34 |
| Cập nhật lúc 07:34:59 07/12/2023 Xem bảng tỷ giá hối đoái | ||
