October 14, 2024 11:28 GMT
BRAZIL: BCB Focus Survey – 2025 Selic Rate Forecast Raised to 11.00%
BRAZIL
- Brazil’s central bank has published the results of its weekly economists’ survey on its website .
- 2024 year-end inflation raised to 4.39%, from 4.38%
- 2025 year-end inflation reduced to 3.96%, from 3.97%
- 2024 GDP raised to 3.01%, from 3.00%
- 2025 GDP unchanged at 1.93%
- 2024 year-end Selic rate forecast held at 11.75%
- 2025 year-end Selic rate forecast raised to 11.00%, from 10.75%
- 2024 year-end forecast for the USDBRL exchange rate unchanged at 5.40
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