Banks estimate that the Brazilian economy will grow by 2.92% in 2023. This is the fifth week in a row of upward revisions.
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Financial institutions have reduced their estimate for the National Extended Consumer Price Index (IPCA) from last week’s 3.58% to 3.56%.
Financial institutions estimate that the Brazilian economy will end 2019 with a growth of 1.17%. Projection is slightly better than last week’s.
Banks reduced their inflation forecast for the tenth straight time.
Financial market increased its projection for Brazilian economy growth from 0.81% to 0.83%.
Banks keep reducing their estimate for Brazil’s GDP. Expectation now is that the economy will grow 1.23% in 2019.
Financial market revised down for the ninth time in a row their projections for Brazilian economy growth in 2019.
The estimate by financial institutions for the Brazilian economic growth was downsized.
Financial institutions estimate Brazilian economy will grow by 2.50% in 2019. Last-week projection was 2.53%.
Financial institutions estimated the Brazilian economy will grow 2.57% this year. Last week, the projection was 2.53%.