December 23, 2024 11:29 GMT
BRAZIL: BCB Focus Survey – 2025 Selic Rate Forecast Raised To 14.75%
BRAZIL
- Brazil’s central bank has published the results of its weekly economists’ survey on its website.
- 2024 year-end inflation raised to 4.91%, from 4.89%
- 2025 year-end inflation raised to 4.84%, from 4.60%
- 2026 year-end inflation unchanged at 4.00%%
- 2024 GDP raised to 3.49%, from 3.42%
- 2025 GDP raised to 2.02%, from 2.01%
- 2025 year-end Selic rate forecast raised to 14.75%, from 14.00%
- 2026 year-end Selic rate forecast raised to 11.75%, from 11.25%
- 2024 year-end forecast for the USDBRL exchange rate increased to 6.00, from 5.99
- 2025 year-end forecast for the USDBRL exchange rate increased to 5.90, from 5.85
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