According to the Central Bank, the estimate for the Selic remains unchanged compared to the previous week, at 13%
What was released this Monday (April 27, 2026) by the Central Bank raised the IPCA (Broad Consumer Price Index), the country’s official inflation, to 4.86%. In the previous week, the estimate was 4.80%.
Defined by the National Monetary Council, a is 3%, with a tolerance range of 1.5 percentage points up or down. In other words, the lower limit is 1.5% and the upper limit is 4.5%. Read the bulletin (PDF – 770 kB).
The document kept the estimate for the Selic rate unchanged compared to the previous week, at 13%.
Economists slightly reduced Brazil’s GDP (Gross Domestic Product) growth projection. The high estimate fell from 1.88% to 1.87%. For 2027, it remained at 1.80%.
The estimate for the exchange rate was R$5.25 this week.
FOCUS BULLETIN
The Focus Bulletin is published weekly by the Central Bank based on projections from more than 100 financial market institutions. The report summarizes expectations for indicators such as inflation, exchange rate, interest rates and economic growth.
