For the 10th time in a row, the market has reduced expectations for the growth of the Brazilian economy this year, slightly adjusting the accounts for inflation, showed the Focus survey released by the Central Bank on Monday.
According to a survey carried out with a hundred economists, the Brazilian Gross Domestic Product (GDP) should grow 4.58% in 2021, a significant reduction compared to the expectation of a 4.65% increase in the previous week.
For 2022, experts continue to see economic expansion of just 0.50%.
Experts consulted weekly by the BC still adjusted the scenario for inflation, seeing an increase in the IPCA of 10.04% this year and 5.03% next year, against 10.05% and 5.02% before, respectively.
The account for this year is well above the target ceiling of 3.75% with a margin of tolerance of 1.5 percentage points plus or minus. For next year, the target center is 3.50%, with the same margin.
In relation to the basic interest rate, the expectation remains that the Selic will end 2022 at 11.50% and 2023 at 8.0%.
Reference: CNN Brasil
