September 09, 2024 11:29 GMT
BRAZIL: BCB Focus Survey – 2024 Selic Rate Forecast Raised To 11.25%
BRAZIL
- Brazil’s central bank has published the results of its weekly economists’ survey on its website.
- 2024 year-end inflation raised to 4.30%, from 4.26%
- 2025 year-end inflation unchanged at 3.92%
- 2024 GDP raised to 2.68%, from 2.46%
- 2025 GDP raised to 1.90%, from 1.85%
- 2024 year-end Selic rate forecast raised to 11.25%, from 10.50%
- 2025 year-end Selic rate forecast raised to 10.25%, from 10.00%
- 2024 year-end forecast for the USDBRL exchange rate raised to 5.35, from 5.33
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