market reviews GDP growth and new drop in inflation in 2023

Financial market agents revised upwards, for the seventh consecutive week, the growth of the Brazilian Domestic Product (GDP) for this year and a new drop in the inflation forecast, according to data from the Focus Report released this Monday morning (26) .

According to analysts heard by the Central Bank, the GDP will end 2023 with a rise of 2.18%, 0.04 percentage points above the estimate last week and 0.92 of the forecast a month ago (see in full).

Inflation, on the other hand, had a new drop in the forecast for the year, from 5.12% to 5.06%. A month ago, the estimate was that the IPCA (Extended Consumer Price Index) would end 2023 at 5.71%.

On the other hand, financial market agents believe in the stability of the dollar exchange rate at BRL 5 and the Selic rate at 12.25% at the end of 2023.