in interview to CNN This Thursday (2), the chief economist at Banco Inter Rafaela Vitória said that the 1% advance of the Brazilian economy in the first quarter of 2022 is due to atypical factors.
“One of the factors is repressed demand, as several sectors were not released or were not operating at the same level before the pandemic, such as travel, transport, leisure… sectors that grew significantly this quarter due to the opening of the economy”, he highlighted.
“Still, we proceed with caution in our expectations going forward, because part of the factors that brought such a positive performance this quarter are not recurring”, he added.
The economist also said that the 1% result for the first quarter of 2022 should raise forecasts for the end of the year.
“We had a very strong result, despite coming in slightly below market expectations… at the beginning of the year we did not expect a stronger recovery, and it does bring a more positive outlook for the end of the year,” he said. .
“It was a very strong semester and it was in line with expectations. Considering what the economy has grown so far, it can close the year with growth very close to 1.5%”, he concluded.
Text published by Fabricio Julião, from CNN Brasil Business
Source: CNN Brasil

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