The Central Bank’s latest weekly market survey, Focus, found that market forecasts for GDP growth this year have fallen from 4.60% to 4.50%.
The forecast for industrial growth in 2011 is 5%.
The forecast is for public sector debt as a percentage of GDP to rise from 39.09% to 39.20%.
The market forecast for the dollar at the end of the year (December 2011) went from R$1.73 to R$1.72.
The forecast for the country’s trade surplus in 2011 rose from $9.57 billion to $10.03 billion.
The forecast for the current account deficit was steady at $67.49 billion.
The market (the Central Bank surveys one hundred banks and financial institutions) expects foreign direct investments to be $40 billion this year.