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Brazil: after 11 weeks of highs, the market projects inflation to remain stable

Market analysts have projected inflation for 2023 at 5.9%, the same level as last week, according to the Focus Bulletin released on Monday, 6, by the Brazilian Central Bank (BC).

It is the first projection of stability after 11 weeks of forecasts of rising inflation.

For 2024 and 2025, the analysts maintained last week's inflation projection of 4.02% and 3.8%, respectively.

The inflation projection for 2026 increased from last week's, from 3.75% to 3.77%.

As for the economy's growth, analysts projected a 0.85% growth in 2023, above last week's projection . . .

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