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Brazil: market projects 11th consecutive inflation hike for 2023

For the 11th consecutive week, market analysts are projecting higher inflation for 2023.

In the Focus Bulletin released this Monday, 27, by the Central Bank, the projection is for inflation to close the year at 5.9%.

Last week, the projection was 5.89%, and four weeks ago, 5.74%.

For 2024, the projection this week remained the same as last week, of 4.02%.

As for inflation in 2025 and 2026, the analysts projected a new high in relation to last week. In 2025, it went from 3.78% to 3.8%, and in 2026, it went from 3 . . .

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