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2018.07.1613:22:00UTC+00BRAZIL: Economists Cut 2018 GDP Growth Estimate To 1.50%

Economists surveyed by the Brazilian central bank trimmed their forecasts for the country's economic growth in 2018 for the second straight week, to 1.50% from 1.53% last week.

For 2019, GDP growth projections were kept unchanged at 2.50% for the second week. Meanwhile, projections for the country's GDP growth in 2020 in 2021 are estimated at 2.50% per year for 20 and 70 weeks, respectively.



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