September 30, 2024 11:32 GMT
BRAZIL: BCB Focus Survey – Selic Rate Forecasts Raised Further
BRAZIL
- Brazil’s central bank has published the results of its weekly economists’ survey on its website.
- 2024 year-end inflation unchanged at 4.37%
- 2025 year-end inflation unchanged at 3.97%
- 2024 GDP raised held at 3.00%
- 2025 GDP raised to 1.92%, from 1.90%
- 2024 year-end Selic rate forecast raised to 11.75%, from 11.50%
- 2025 year-end Selic rate forecast raised to 10.75%, from 10.50%
- 2024 year-end forecast for the USDBRL exchange rate unchanged at 5.40
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