No menu items!

Market starts to see lower GDP and even higher inflation by year-end 2021 – Focus report

RIO DE JANEIRO, BRAZIL - The median of the market projections for the growth of the Brazilian economy in 2021 fell from 5.22% to 5.15%, in the Focus Bulletin, of the Central Bank (BC), released this Monday with estimates collected through the end of last week.

For 2022, the mid-point of the expectations for expanding the Gross Domestic Product (GDP) was reduced from 2.00% to 1.93%.

Last week, the Brazilian Institute of Geography and Statistics (IBGE) informed that the GDP decreased 0.1% in the second quarter of the year, over the first. The performance frustrated . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content