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Brazil Central Bank raises its GDP growth projection to 4.7% for 2021

RIO DE JANEIRO, BRAZIL - The Central Bank raised by 0.1 percentage point, to 4.7%, its projection for the growth of Brazil's economy this year and predicted that the gross domestic product (GDP) will increase 2.1% in 2022, due to the positive evolution of the country and the expected favorable outlook, the institution advised on Thursday.

The Central Bank's projections for the country's economic growth in 2021 remained practically stable compared to its previous estimate (4.6%).

However, the GDP growth calculated by the issuer for 2022 in the Quarterly Inflation Report is released this . . .

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