May 13, 2024 11:23 GMT
BCB Focus Survey – 2024 SELIC Rate, Inflation Forecasts Increased
BRAZIL
- Brazil’s central bank has published the results of its weekly economists’ survey on its website.
- 2024 year-end inflation raised to 3.76%, from 3.72%
- 2025 year-end inflation raised to 3.66%, from 3.64%
- 2024 GDP raised to 2.09%, from 2.05%
- 2025 GDP held at 2.00%
- 2024 year-end Selic rate forecast raised to 9.75%, from 9.63%
- 2025 year-end Selic rate forecast held at 9.00%
- 2024 year-end forecast for the USDBRL exchange rate unchanged at 5.00
66 words