This week, the financial market maintained the trend to reduce inflation expectations for 2022 and 2023 and to raise the projection for growth in Gross Domestic Product (GDP) for this year, as shown in the Focus Bulletin released Monday, Sep. 3, by the Central Bank.
According to the financial institutions consulted weekly by the Central Bank, the expectation for the IPCA this year rose from 5.88 a week ago to 5.74%.
The projection for GDP growth rose from 2.67% to 2.70% this year and was also raised from 0.50% to 0.53% in 2023.
This year was the fourteenth consecutive week of a drop in the projection for the IPCA (Amplified Consumer Price Index).
For 2022, there are also 14 consecutive weeks of upward projections for the GDP estimate.
The IPCA projection for 2024 was maintained at 3.50%.
EXCHANGE AND INTEREST RATES
The estimate for the dollar has also been stable for ten weeks, with a forecast price of R$5.20 per US$1, both for 2022 and 2023. For 2024, it is maintained at R$5.10.
With information from InfoMoney