trending Market Intelligence /marketintelligence/en/news-insights/trending/Uj2nzFnF5kGaaVL56_4dkQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Brazil raises 2020 GDP growth forecast to 2.4%

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Brazil raises 2020 GDP growth forecast to 2.4%

Brazil's Economy Ministry edged up its gross domestic product growth forecast for 2020 to 2.4% from 2.32%, as the country's special secretary for finance, Waldery Rodrigues, predicted that the government will double down on its fiscal efforts.

Rodrigues noted that the government expects its fiscal tightening efforts to have helped bolster employment levels and economic activity in the country, though he added that there is room for further improvement. "Not even half the necessary effort has been made," the minister said, according to local reports.

In its most recent outlook report, the Economy Ministry said it now expects consumer prices to increase by 3.62% throughout the year, nine basis points higher than its previous forecast from October 2019. The figure still falls within the central bank's 2.5% to 5.5% target range.

Rodrigues also reportedly pointed out that credit levels are currently "low and inferior to those desired" at 47.3% of GDP. The secretary said he would seek to raise the proportion to above 65% of GDP, though he did not state a timeline for this goal.

The official also said he expects 2019 to have ended with a primary budget deficit of approximately 70 billion reais, or 1% of GDP.

As of Jan. 13, US$1 was equivalent to 4.13 Brazilian reais.