Economic indicators remain stable until the end of the year

Economic indicators have remained stable in recent months, a trend that should continue until the end of the year. Market perspectives point to lower inflation, considerable growth in GDP – Gross Domestic Product – and a declining Selic Rate, with the aim of stimulating access to credit. Household debt, however, can impact demand for bars and restaurants, and make price adjustments in the sector difficult. This is the analysis of João Ricardo Tonin, economist at FoodCo.

As for inflation, the IPCA – Consumer Price Index – projection stands at 4.65%, and the food at home sub-index is expected to register a reduction of 1.74% this year. With food at home cheaper, the economist highlights that keeping up with demand for bars and restaurants next Black Friday is essential. Tonin warns that the recent drop in the Selic Rate may take a few months to have a significant effect on the economy.

Following the trend of stable economic indicators, GDP should close the year with growth of 2.90%, driven by the agricultural sector, which could grow 13.9%, followed by the services sector, 2%, and industry, 1.3%. %.

“We expect minimal changes in economic variables in the coming months. However, it is crucial to start organizing in advance for the end of year festivities, if the objective is to purchase inputs at more competitive prices. This strategic preparation could be the key to facing economic challenges and taking advantage of the opportunities that the future holds”, says the expert.

The FoodCo Bulletin. with complete audio analysis by economist João Ricardo Tonin, it is exclusive weekly content for subscribers of the platform. The FoodCo. is the largest community of bar and restaurant owners in Brazil. There are more than 13 thousand entrepreneurs in the sector gathered in a knowledge and networking network, with access to essential content for those who undertake food away from home.