Brazil Business - Brazil

Market expects lower inflation in Brazil in 2022 and GDP remains high

By Rocco Caldero · October 3, 2022 · 1 min read

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.

The headquarters of the Brazilian Central Bank in Brasilia. (Photo: internet reproduction)

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

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Brazil — Live Market Board

B3 · São Paulo
Jul 13, 2026 · 15:18

Ibovespa · benchmark

175,689
-1.22%

L 175,632day rangeH 178,154

+29.85% over 12 months

Market breadth · 15 names

33% advancing

5 ▲ advancing10 declining ▼

Currencies, rates & key inputs

USD / BRL

5.13

+0.46%

EUR / BRL

5.84

+0.40%

Selic rate

14.25%

·

Brent crude

82.67

+8.76%

Iron ore

161.91

·

Sector heatmap · average move today

Energy

+2.86%

PETR4, PRIO3

Materials

+0.19%

SUZB3

Consumer Disc.

+0.10%

AZZA3

Consumer Staples

-0.06%

ABEV3

Mining

-0.77%

VALE3, CSNA3, GGBR4

Financials

-1.68%

ITUB4, BBDC4, BBAS3, B3SA3

Utilities

-2.14%

ENEV3

Industrials

-3.22%

WEGE3, RENT3

Latin America scoreboard

IndexLastTodayStrength

IbovespaBrazil
175,689
-1.22%

S&P/BMV IPCMexico
66,095
-0.60%

S&P IPSAChile
10,967
-0.81%

S&P MERVALArgentina
3,262,267
-0.55%

MSCI COLCAPColombia
2,307.67
+0.65%

BVL S&P PerúPeru
56,917.82
-0.39%

Full instrument board

Instrument	Last	Change	YoY	Prev.	High	Low	Volume
IBOV	175,689	-1.22%	+29.85%	177,866	178,154	175,632	—
USD/BRL	5.13	+0.46%	-7.91%	5.11	5.14	5.11	—
SELIC	14.25%		—	—	—	—	—
PETR4	40.88	+3.10%	+26.99%	39.65	40.92	40.24	29,976,300
VALE3	72.51	-2.25%	+31.00%	74.18	74.18	72.45	10,563,600
ITUB4	43.63	-1.51%	+28.76%	44.30	44.64	43.54	7,605,900
BBDC4	18.75	-0.58%	+16.45%	18.86	19.00	18.71	14,248,200
BBAS3	20.24	-1.65%	-2.08%	20.58	20.67	20.22	9,714,800
B3SA3	14.96	-2.98%	+10.07%	15.42	15.43	14.93	14,755,300
ABEV3	15.81	-0.06%	+18.96%	15.82	16.03	15.70	19,307,900
WEGE3	44.50	-4.32%	+12.47%	46.51	46.49	44.28	6,062,900
PRIO3	56.90	+2.62%	+32.94%	55.45	57.11	55.64	6,252,900
SUZB3	41.63	+0.19%	-16.90%	41.55	42.04	41.33	1,240,100
RENT3	40.23	-2.12%	+10.34%	41.10	41.23	40.20	1,499,500
AZZA3	19.12	+0.10%	-45.67%	19.10	19.39	18.81	848,100
CSNA3	5.21	+0.58%	-36.46%	5.18	5.40	5.14	13,577,200
GGBR4	22.86	-0.65%	+37.30%	23.01	23.35	22.85	5,137,000
ENEV3	26.96	-2.14%	+104.10%	27.55	27.95	26.88	5,971,400

Largest moves today

WEGE3
44.50
-4.32%

PETR4
40.88
+3.10%

B3SA3
14.96
-2.98%

PRIO3
56.90
+2.62%

VALE3
72.51
-2.25%

ENEV3
26.96
-2.14%

RENT3
40.23
-2.12%

BBAS3
20.24
-1.65%

The session read

The Ibovespa eased 1.22%, with breadth negative — 5 of 15 names higher. Energy led, while Industrials lagged.

From The Rio Times

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