Brasília – The 2018 economic growth forecast from Brazilian financial market players responding to a Central Bank poll increased this week, as per the Focus Bulletin made public by the monetary authority this Monday (19).
The Extended Consumer Price Index (IPCA) – the official measure of inflation in Brazil – is seen hitting 3.81% in 2018, down from 3.84% as of last week’s forecast.
The Gross Domestic Product (GDP) is seen widening by 2.80% this week, up from 2.70% last week. The 2019 forecast remained unchanged at 3%.
*Translated by Gabriel Pomerancblum
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