Analysts and financial market agents raised the inflation forecast for this year according to this week’s Focus Report.| Photo: Marcelo Andrade/file / Gazeta do Povo

Financial market agents and analysts once again raised inflation expectations for this year to 6.03%, according to the Focus Report released this Monday morning (15). The median of the Extended Consumer Price Index (IPCA) for the end of 2023 was 6.02% a week ago and 6.01% four weeks ago (see in full).

Although the expectation for inflation in 2023 has been high, the forecast of financial analysts continues to fall for next year at 4.15% and stable at 4% in 2025 and 2026.

The country’s Gross Domestic Product (GDP) growth forecast also has a slight expectation of an increase of 1.02% this year, 0.02 percentage points more in comparison with last week.

On the other hand, the market maintains its forecast that the dollar rate will end the year at R$5.20 and the Selic basic interest rate at 12.5%.