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Brazil's reduction of GDP expectation may affect foreign trade orders of electromagnetic flowmeter

Yijia noted that the Central Bank of Brazil recently released the "focus survey" report, which shows that Brazil's financial market is No seventeen Brazil's GDP and inflation expectations for this year were lowered. It's very bad for the electromagnetic flowmeter Foreign trade industry, it is undoubtedly worse.
 Electromagnetic flowmeter products

Some analysts expect Brazil's GDP this year to be higher than before -6.25 %Down to -6.48 %Brazil's GDP forecast for next year remains at three point five %Unchanged. In addition, this year's inflation expectations of Brazil will be one point five five %Down to one point five three %。

According to a report released by the world bank, due to the outbreak of new coronal pneumonia, two thousand and twenty Global GDP may shrink in 5.2% The crisis will have a more severe impact on countries with more severe outbreaks, as well as countries highly dependent on Global trade, tourism, primary product exports and external financing. According to the world bank, Brazil's economy is expected to shrink this year due to restrictive measures to curb the spread of the epidemic, a sharp drop in investment and falling global commodity prices eight %It is expected that foreign trade orders for instruments and meters will be more or less affected by this. Finally, the editor hopes that the global economy can get out of the haze of the epidemic and return to normal.

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