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Brazil financial market raises IPCA projection for 2021 from 8.51% to 8.59% – Focus report

RIO DE JANEIRO, BRAZIL - The Market Report Focus from the Brazilian Central Bank released this morning showed that the median forecast for Brazil's Gross Domestic Product (GDP) for 2021 was maintained at 5.04%, the exact estimate as four weeks ago. Four weeks ago, it was 1.72%.  2022, the forecast for GDP expansion rose from 1.57% to 1.54%.

The median of the projections of market economists for the National Wide Consumer Price Index (IPCA) in 2021 rose from 8.51% to 8.59%. For 2022, it rose from 4.14% to 4.17%.

Considering only the . . .

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