SEE MARKET HIGH of 3.5% in GDP EVEN

The dissemination of better results than imagined for industrial production, employment and balance of trade made up review consulting expectations for gross domestic product (GDP) of 2018. According to economists heard by the State, the Country may have a growth of up to 3.5%. The last few days have been more robust indicators than anticipated. In January, the trade balance had a surplus of $ $2.7 billion-best for the month in 12 years, the sale of new vehicles grew up 23.14% last month and industrial production data of high point 2.5% 2017. In the view of analysts, after years of crisis, the recovery must follow from now gradually, favoured by external scenario, which also helps reheat the economy. "Looking at the industrial production, the result should give a strong boost to GDP of 2018 and is a relevant sign of the resumption of growth is consistent and widespread", says the Chief Economist at MB Associates, Sérgio Vale. The think tank revised 3.1% to 3.5% of the GDP projection of 2018. UBS Brazil also raised expectations for GDP growth this year, from 3.1% to 3.3%, whereas the better performance of the indicators of economic activity and financial conditions. In this scenario, the growing expectation by the increase in demand for credit. According to the President of Bradesco, Luiz Carlos Trabuco Cappi, the credit portfolio of the Bank started to rebound in the last quarter of last year. "The fourth quarter represented the first growth in the last two years." "With lower interest and employment and high income, all walks towards a greater demand for credit", analyzes the Central Bank Director Alexandre Schwartsman. "The uncertain factor today is the election. If the Brazil forward for a centrist candidate himself, should go economy improving and, with it, the demand for credit. " October uncertain. With the economy showing signs of recovery, the biggest factor of concern of analysts is the election. Even with the reduction in the chance of candidacy of former President Luiz Inácio Lula da Silva (PT) after a decision unfavorable to the PT on Justice, the market fears the fragmentation in the electoral dispute. "The risk of volatility because of the electoral process can adversely affect growth," says the Chief Economist of UBS, Tony Volpon. "The scenario is still very uncertain," says Alessandra Ribeiro, of the trends. "The exit of former President Lula's likely election points to a reduced risk, but does not rule out surprises ahead." Still, Marco Caruso, Banco Pine's Economist, says that the favorable economic environment should work as a shield until part of the third quarter. So says, there's room for industrial production to grow more. The information is from the newspaper O Estado de s. Paulo.