Numbers were released by the Central Bank on Monday (18.ago); the projection for GDP growth remains at 2.21%
Financial market analysts have reduced, for the first time since January, the estimated inflation from 2025 to a level of less than 5%by 4.95%. For 2026, the estimate went from 4.41% to 4.40%. The projections are shown in the Focus Bulletin, released this Monday (18.ago.2025) by the Central Bank. The report is prepared from research with more than 100 financial institutions.
Market projection for GDP growth (Gross Domestic Product) by 2025 remained at 2.21%. For 2026, GDP growth projection continued at 1.87%.
GDP is the sum of all goods and services produced in the country and is used to measure the performance of the economy.
Financial market economists maintained the projection for the basic interest rate in 2025. The estimate maintains Selic at 15% per year. For the end of 2026, the projection was maintained at 12.50% per year.
The projection for the exchange rate at the end of 2025 was also unchanged compared to the data released last week: $ 5.60 dollar quotation. For the end of 2026, the estimate was maintained at $ 5.70.
What is Focus
The report has been released every Monday and has summarized, since 2000, the statistical projections of economists and market operators consulted by the Central Bank. It is possible to know the institutions that get it right.
