Although the last three two-month periods had positive results, January and February 2020 once again demonstrated pessimism regarding the economy, according to economists from Ceará.
The IEE, Economists' Expectations Index, measured the sentiment of experts towards the Brazilian economy, which scored 115 points, a reduction of 2.7% compared to the previous year.
In the first result of 2020, the inflation rate (90.4 points), real wages (85.4 points) and exchange rate (72.7 points), of the nine segments.
Just to illustrate, Ricardo Eleutério, economist and regional advisor at Corecon, reported a slight reduction in optimism that is linked to the rise of the dollar this year.
“Since we saw a rise in the dollar at the beginning of the year, double that of last year, this ends up generating inflationary pressure.”
According to Eleutério, the price of imported products and fuels, which follow the price of the dollar, had a significant impact. “So this greater pressure was captured by the survey.”
Optimism
According to the economist, the interviewees' perception of the macroeconomy, even with this scenario, is that the indexes are expected to show improvements.
“We should therefore have a better year compared to last year. We should have a growth rate of around 2%,” he explained.
They remained at the same level as GDP (161.6 points), credit supply (146 points), employment level (139.4 points), interest rate (119.2 points), public spending (117.2 points).
The state government, with its policies for the development of Ceará, has the capacity to attract more investments to the State, with the sharp acceleration of GDP.
In addition, it increased, by R$8.1 billion, the resources allocated to the Ministry of Regional Development, whose work has largely increased production in the region. North East.
Finally, expectations for the Ceará economy in 2020 are positive. This is what the new edition of Farol da Economia Cearense (nº 08/2019) predicts.