The most recent Focus Report suggests a 2.24% increase in the Brazilian GDP (Gross Domestic Product) for the year 2023, up 0.05 percentage point from last week's forecast.After a consistent eight-week rise, the GDP growth projection stabilized last week at 2.19%.Inflation rates for 2023 are projected to stay at 4.95%, halting a consecutive eight-week decrease.The dollar exchange rate and base interest rate predictions also remain steady, expected to average at R$5 and 12%, respectively.Notably, the Monetary Policy Committee is expected to lower the current base interest rate of .
.
.To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
Already Subscribed? Login Here