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Financial market forecasts Brazil’s GDP at 5.18% and inflation at 6.7% – FOCUS survey

RIO DE JANEIRO, BRAZIL - The financial institutions consulted by the Central Bank (BC) have again raised the forecast for the growth of the Brazilian economy this year, from 5.05% to 5.18%.

For 2022, the expectation for the gross domestic product (GDP) - the sum of all goods and services produced in the country - is 2.10% growth, a percentage slightly lower than the one forecast last week (2.11%).

The financial market kept the projection of GDP expansion for 2023 and 2024 at 2.5%. The estimates are published in the Focus Bulletin of July 5 published in Brasilia . . .

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