Focus: Brazil’s Rising Inflation and GDP Forecasts

Brazil’s Central Bank today updated its Focus Report, revealing upward revisions for inflation and GDP growth for 2024 and 2025. Analysts have raised the 2024 Consumer Price Index (IPCA) forecast slightly from 4.05% to 4.10%. This adjustment marks the second consecutive increase. The 2025 inflation projection also increased from 3.90% to 3.96%. Meanwhile, the 2026 […]