Brazilian economic growth forecast rises to 0.80% in 2023

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The Brazilian financial market raised the forecast for Gross Domestic Product (GDP) growth this year from 0.76 to 0.80 percent, according to the Focus survey conducted among the leading financial institutions and released today, Wednesday, by the Central Bank of Brazil.

Bank economists maintained the growth forecast for next year at 1.50 percent.

Meanwhile, the estimate for inflation this year went from 5.79 to 5.89 percent, while for 2024, it went from 4 to 4.02 percent.

The official target is 3.25 percent inflation in 2023 and 3 percent next year, with a 1 . . .

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