Brasília – The financial market expects the inflation rate, as measured by the Extended National Consumer Price Index (IPCA), to be at 4.78% this year, well below the rate expected for 2016, which went from 6.40% to 6.38%, according to the Focus Bulletin made public by the Brazilian Central Bank (BC) this Monday (20).
The financial institutions expect the Selic to end this year at 10.25%, below last week’s forecast of 10.5% made public last week. Meanwhile, the forecast for the GDP remained at 0.50%.
*Translated by Sérgio Kakitani
