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Brazil: market forecasts fall in GDP in 2024

According to the Focus Bulletin, released on Monday, 8, by the Central Bank, the country's economy should suffer a retraction.

A week ago, the growth forecast was 1.41%. This week, the index was readjusted to 1.4%.

A month ago, the forecast was for GDP growth of 1.44%.

For 2023, the market indicates stagnation of the Brazilian economy at 1% (same value as the week before).

INFLATION

After five consecutive weeks of highs, the market foresees an easing in inflation in 2023.

After reaching 6.05% the previous week, the Focus indicates a drop to 6.02 . . .

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