O Brazilian Institute of Geography and Statistics (IBGE) announces next Friday (30) the Gross Domestic Product (GDP) of the first quarter of 2025.
. The indicator is considered the “GDP preview”.
In considering the month of March, the Brazilian economy advanced 0.8%. The reading of the month was above the expectation of financial market analysts.
In the evaluation of Gilvan Bueno, columnist for CNN Moneythe first quarter IBC-BR positively surprised the market, demonstrating resilience of the Brazilian economy even in the face of high interest rates ,.
Brazilian economic growth in the period should be driven mainly by agriculture, according to IBC-BR.
See the sector performance released by IBC-BR:
- Farming: 6.1%;
- Industry: 1.6%;
- Services: 0.7%.
Deceleration
Although the data indicate that the Brazilian economy is growing, the financial market and the Central Bank project a deceleration of GDP in 2025 compared to last year ,.
. In the previous report, it was 2.1%.
According to the minutes of the last meeting of the BC Monetary Policy Committee (Copom), a.
Such impacts are expected and required by the collegiate for the convergence of inflation to the goal, which is 3%, with tolerance interval of up to 4.5%.
“The Committee has analyzed the various monetary policy channels and evaluates that restrictive monetary policy has already impacts the credit market, business probes, the exchange market, the balance sheets, as well as in the moderation of some activity indicators and job market,” says the document.
In an interview with CNN MoneyMarianna Costa, chief economist at Mirae Asset, stressed that the most robust performance of the Brazilian economy is expected in the first quarter, driven by Record of Agribusiness. But the expert predicts a change in this trend throughout 2025.
Last year, GDP surprised market expectations and grew above expected. The first Focus Bulletin released by the Central Bank in 2024 projected that the Brazilian economy would grow 1.59% in the year.
