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Focus Survey Shows Inflation Expectations Continue To Fall, GDP Rises

BRAZIL

Brazil’s central bank has released the latest results of its Focus survey:

  • Economists forecast 5.60% 2022 inflation; prior 5.62%
  • Economists forecast 4.94% 2023 inflation; prior 4.97%
  • Economists forecast 2.76% 2022 GDP; prior 2.71%
  • Economists forecast 0.63% 2023 GDP; prior 0.59%
  • Economists see 13.75% 2022 year-end Selic; 11.25% 2023 year-end (unchanged)
  • Economists see real at 5.20/USD by end-2022 (unchanged)
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Brazil’s central bank has released the latest results of its Focus survey:

  • Economists forecast 5.60% 2022 inflation; prior 5.62%
  • Economists forecast 4.94% 2023 inflation; prior 4.97%
  • Economists forecast 2.76% 2022 GDP; prior 2.71%
  • Economists forecast 0.63% 2023 GDP; prior 0.59%
  • Economists see 13.75% 2022 year-end Selic; 11.25% 2023 year-end (unchanged)
  • Economists see real at 5.20/USD by end-2022 (unchanged)