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2017\u5e74\u306e\u30d6\u30e9\u30b8\u30ebGDP\u4f38\u3073\u7387\u306e\u5185\u8a33\u3067\u306f\u3001\u8fb2\u755c\u7523\u90e8\u9580\u306e\u751f\u7523\u4f38\u3073\u7387\u306f\u3001\u524d\u5e74\u6bd413.0%\u3068\u4e8c\u6841\u53f0\u306e\u4f38\u3073\u7387\u3092\u8a18\u9332\u3057\u305f\u4e00\u65b9\u3067\u3001\u9271\u5de5\u696d\u90e8\u9580\u306eGDP\u4f38\u3073\u7387\u306f\u540c\u7387\u3001\u30b5\u30fc\u30d3\u30b9\u90e8\u9580\u306f\u50c5\u304b0.3%\u5897\u52a0\u306b\u7559\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n
\u307e\u305f\u6628\u5e74\u306e\u4e00\u822c\u5bb6\u5ead\u306e\u6d88\u8cbb\u4f38\u3073\u7387\u306f1.0%\u3001\u516c\u5171\u652f\u51fa\u306f\u30de\u30a4\u30ca\u30b90.6%\u3001\u5b85\u6295\u8cc7\u4e26\u3073\u306b\u8a2d\u5099\u6295\u8cc7\u3001\u516c\u5171\u6295\u8cc7\u306a\u3069\u306e\u56fd\u5185\u7dcf\u56fa\u5b9a\u8cc7\u672c\u5f62\u6210\uff08FBCF\uff09\u306f\u30de\u30a4\u30ca\u30b91.8%\u3001\u8f38\u51fa\u306f5.2%\u5897\u52a0\u3001\u8f38\u5165\u306f5.0%\u5897\u52a0\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u6628\u5e74\u7b2c2\u56db\u534a\u671f\u306e\u4e00\u822c\u5bb6\u5ead\u306e\u6d88\u8cbb\u4f38\u3073\u7387\u306f\u30012015\u5e74\u672b\u307e\u3067\u306b\u6b63\u5f53\u306a\u7406\u7531\u3067\u89e3\u96c7\u3055\u308c\u305f\u308a\u3001\u8f9e\u4efb\u3092\u7533\u3057\u5165\u308c\u305f\u308a\u3057\u3066\u4f1a\u793e\u3092\u8f9e\u3081\u305f\u4eba\u304c\u3001\u9000\u8077\u5f8c\u3082\u5f15\u304d\u51fa\u305b\u305a\u306b\u3044\u305f\u52e4\u7d9a\u671f\u9593\u4fdd\u969c\u57fa\u91d1\uff08\uff26\uff27\uff34\uff33\uff09\u306b\u7a4d\u307f\u7acb\u3066\u3089\u308c\u305f\u51cd\u7d50\u9810\u91d1\u306e\u5f15\u304d\u51fa\u3057\u304c\u4eca\u5e74\uff13\u6708\uff11\uff10\u65e5\u304b\u3089\u958b\u59cb\u30017\u670831\u65e5\u3067\u7d42\u4e86\u3057\u305f\u51cd\u7d50\u9810\u91d1450\u5104\u30ec\u30a2\u30eb\u304c\u6d88\u8cbb\u306b\u56de\u3063\u305f\u3053\u3068\u3067\u3001\u6628\u5e74\u7b2c2\u56db\u534a\u671f\u306e\u4e00\u822c\u5bb6\u5ead\u306e\u6d88\u8cbb\u4f38\u3073\u7387\u306f\u3001\u524d\u56db\u534a\u671f\u6bd41.2%\u5897\u52a0\u3001\u7b2c3\u56db\u534a\u671f\u306f1.1%\u5897\u52a0\u3057\u305f\u304c\u3001\u6628\u5e74\u7b2c\u56db\u534a\u671f\u306e\u4e00\u822c\u5bb6\u5ead\u306e\u6d88\u8cbb\u4f38\u3073\u7387\u306f\u3001\u524d\u56db\u534a\u671f\u6bd4\u3067\u306f\u308f\u305a\u304b0.1%\u306b\u7559\u307e\u3063\u305f\u3002<\/p>\n
\u904e\u53bb\u6700\u4f4e\u3068\u306a\u308b\u653f\u7b56\u8a98\u5c0e\u91d1\u5229\uff08Selic\uff09\u306e7.0%\u5272\u308c\u3001\u5931\u696d\u7387\u306e\u597d\u8ee2\u3001\u9023\u90a6\u653f\u5e9c\u306e\u8a31\u5bb9\u7bc4\u56f2\u3092\u4e0b\u56de\u308b\u30a4\u30f3\u30d5\u30ec\u6307\u6570\u306b\u3088\u308b\u4e00\u822c\u6d88\u8cbb\u8005\u306e\u8cfc\u8cb7\u529b\u5897\u52a0\u3084\u8ca0\u50b5\u8efd\u6e1b\u3001\u7de9\u548c\u3055\u308c\u308b\u30af\u30ec\u30b8\u30c3\u30c8\u5411\u3051\u4e0e\u4fe1\u306a\u3069\u306e\u8981\u56e0\u3067\u3001\u4eca\u5e74\u306e\u4e00\u822c\u6d88\u8cbb\u306e\u4f38\u3073\u7387\u306f2.0%\uff5e2.5%\u5897\u52a0\u3001\u307e\u305fGDP\u4f38\u3073\u7387\u306f2.2%\u5897\u52a0\u3092Haitong\u793e\u3067\u306f\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n
Goldman Sachs\u793e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u306e\u30a2\u30eb\u30d9\u30eb\u30c8\u30fb\u30e9\u30e2\u30b9\u6c0f\u306f\u30012017\u5e74\u306e\u7b2c1\u56db\u534a\u671f\u306eGDP\u4f38\u3073\u7387\u306f1.3%\u3001\u7b2c2\u56db\u534a\u671f\u306f0.6%\u3001\u7b2c3\u56db\u534a\u671f\u306f0.2%\u3001\u7b2c4\u56db\u534a\u671f\u306f0.1%\u3068\u4f38\u3073\u7387\u304c\u6e1b\u5c11\u50be\u5411\u3092\u793a\u3057\u3066\u3044\u308b\u306b\u3082\u95a2\u308f\u3089\u305a\u30012018\u5e74\u306eGDP\u4f38\u3073\u7387\u30922.5%\u5897\u52a0\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n
2017\u5e74\u7b2c4\u56db\u534a\u671f\u306eGDP\u4f38\u3073\u7387\u306f\u524d\u56db\u534a\u671f\u6bd40.1%\u5897\u52a0\u3001\u524d\u5e74\u540c\u56db\u534a\u671f\u6bd4\u3067\u306f2.1%\u5897\u52a0\u30012017\u5e74\u306f1.0%\u5897\u52a0\u3001\u524d\u8a18\u540c\u69d8\u306b\u8fb2\u755c\u7523\u90e8\u9580\u306f0%\u30016.1%\u5897\u52a0\u300113.0%\u5897\u52a0\u3001\u9271\u5de5\u696d\u90e8\u9580\u306f0.5%\u5897\u52a0\u30012.7%\u5897\u52a0\u30010%\u3001\u30b5\u30fc\u30d3\u30b9\u90e8\u9580\u306f0.2%\u5897\u52a0\u30011.7%\u5897\u52a0\u30010.3%\u5897\u52a0\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u307e\u305f\u524d\u8a18\u540c\u69d8\u306b\u4e00\u822c\u5bb6\u5ead\u306e\u6d88\u8cbb\u4f38\u3073\u7387\u306f0.1%\u5897\u52a0\u30012.6%\u5897\u52a0\u30011.0%\u5897\u52a0\u3001\u516c\u5171\u652f\u51fa\u306f0.2%\u5897\u52a0\u3001\u30de\u30a4\u30ca\u30b90.4%\u3001\u30de\u30a4\u30ca\u30b90.6%\u3001\u56fd\u5185\u7dcf\u56fa\u5b9a\u8cc7\u672c\u5f62\u6210\uff08FBCF\uff09\u306f2.0%\u5897\u52a0\u30013.8%\u5897\u52a0\u3001\u30de\u30a4\u30ca\u30b91.8%\u3057\u3066\u3044\u308b\u3002<\/p>\n
Barclys Reseach\u793e\u306e\u8abf\u67fb\u306b\u3088\u308b\u3068\u30012017\u5e74\u306e\u4e16\u754c\u306e\u5e73\u5747GDP\u4f38\u3073\u7387\u306f3.9%\u5897\u52a0\u3092\u8a18\u9332\u3001\u4e2d\u56fd\u306eGDP\u4f38\u3073\u7387\u304c6.9%\u3092\u8a18\u9332\u3001\u30c8\u30eb\u30b36.8%\u3001\u30a4\u30f3\u30c96.1%\u3001Brics\u8af8\u56fd\u5e73\u5747\u306f5.7%\u3001\u65b0\u8208\u56fd\u306e\u5e73\u5747GDP\u4f38\u3073\u7387\u306f5.2%\u3092\u8a18\u9332\u3057\u3066\u305d\u308c\u305e\u308c5.0%\u3092\u4e0a\u56de\u3063\u305f\u3002<\/p>\n
2017\u5e74\u306e\u5148\u9032\u8af8\u56fd\u306e\u5e73\u5747GDP\u4f38\u3073\u7387\u306f2.2%\u5897\u52a0\u3092\u8a18\u9332\u3001\u7c73\u56fd2.3%\u3001\u30a2\u30eb\u30bc\u30f3\u30c1\u30f32.8%\u3001\u30b3\u30ed\u30f3\u30d3\u30a2\u4e26\u3073\u306b\u65e5\u672c\u306f1.6%\u3001\u30e8\u30fc\u30ed\u30c3\u30d1\u9023\u5408\u8af8\u56fd\u5e73\u5747\u306f2.5%\u3001\u30c9\u30a4\u30c42.5%\u3001\u82f1\u56fd1.7%\u3001\u30ed\u30b7\u30a2\u306f1.5%\u5897\u52a0\u3092\u8a18\u9332\u3057\u3066\u3044\u305f\u3002\uff082018\u5e743\u67082\u65e5\u4ed8\u3051\u30f4\u30a1\u30ed\u30fc\u30eb\u7d19\uff09<\/p>\n
<\/p>\n
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