Companies Improve Their Expectations On This Year’s Economic Growth

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Financial companies reduce growth expectations to 3.3% in GDP, according to the Survey of Macroeconomic Expectations, conducted in April, compared to the evaluation in March that reached 3.5%, said Gestión on Friday.

On the other hand, companies raise their estimates from 3.1% to 3.2% in GDP for this year and remain stable in the case of economic analysts at 3.5% by the end of 2018.

For its part, the BCR considers that most of the current situation indicators were recovered in April. In particular, it highlights the recovery in terms of purchase order indexes in most sectors.

Likewise, the majority of expectations indicators were recovered at 3 and 12 months, reaching levels similar to those observed in January.

“It highlights the recovery of the indicators of economy and sector to 3 months in all sectors,” you can read in Gestión.

(Source)
(Cover Photo Pixnio)

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Ermelinda is a journalist from Caracas, Venezuela. She has a Master’s degree in Digital Journalism and has recently finished a technical degree in Veterinary Assistance because of her love for animals. She likes to do sports, but especially ballet, which she has practiced for more than 17 years. Her passion is to read, write, and blog about different topics, as well as travel whenever she can.