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Brazilian government raises GDP growth this year to 1.91 %

The Brazilian government raised its forecast for Gross Domestic Product (GDP) growth this year from 1.61 to 1.91 percent, official sources informed.

The Ministry of Planning released this Monday the new macroeconomic parameters used in the budget execution calculations, in which, in addition to higher economic growth, the inflation projection was also increased from 5.31 to 5.58 percent.

Brazil's economic growth forecast this year is lower than in 2022, when GDP expanded by 2.9 percent, while inflation should be lower than last year when it was 5.79 percent.

Also, the estimate for the . . .

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