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Brazil will grow more than expected in 2022, says OECD

The Organization for Economic Cooperation and Development (OECD) raised its estimate for Brazil's economic growth in 2022 to 2.5%.

This year's Gross Domestic Product (GDP) growth forecast was almost 2 percentage points higher than the most recent estimate, from June.

Published on Monday 26, the report reduced the projection for the 2023 GDP by 0.4 percentage points.

Regarding the dynamics of prices, the OECD reported that the high level of Brazilian interest rates, combined with a cooling in the rise of energy costs, should reduce inflation "substantially" in 2023 compared to 2022.

The same effect should . . .

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