BRICS GDP forecast steady in the past week

The average gross domestic product (GDP) growth prediction for BRICS member states remained steady  in the past week – 5.7%, according to India infoline, as reported by Bloomberg surveys.

Bloomberg’s forecasts are calculated based on the estimates available for the countries in the group. Weightings are based on the country’s nominal GDP in US dollar terms, as supplied by the International Monetary Fund.

Countries included in this aggregate estimate that are scheduled to release data in the month ahead:

Date Country 3Q Forecast
Nov. 30 Brazil 1.3%
Nov. 30 India 7.5%
Dec. 4 South Africa 0.6%
Dec. 12 Russia 1.8%

– indiainfoline.com

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