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Brazilian market raises economic growth forecast to 2.1% in 2022

The Brazilian financial market raised its forecast for gross domestic product (GDP) growth in 2022 to 2.10 percent from 2.02 percent and changed it to 0.37 percent from 0.39 percent for 2023, the Brazilian Central Bank announced Monday.

According to the Focus survey conducted by the central bank among the country's main financial institutions, this was the ninth consecutive increase in the forecast, up from 1.97 percent four weeks ago.

As for inflation, the Brazilian market lowered its estimate for the end of this year to 6.70 percent from 6.82 percent and . . .

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