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Low 1.79% GDP Growth Expected in 2014: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – A survey of financial analysts conducted by the Brazilian Central Bank has concluded that the country's GDP will grow by a mere 1.79 percent in 2014, a figure that brings even more woe onto an already stuttering economy. The survey showed the experts are not more optimistic for 2015, as predictions call for an expensive U.S. dollar and higher inflation next year too.

The study, which contains economic analysis from around 100 experts in Brazil, calculates a median GDP growth prediction from their data. This time around, its . . .

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