In an interview with CNN this Thursday (1st), the chief economist at Bradesco, Fernando Honorato, assessed that the global slowdown should impact the growth of the Brazilian economy.
“The world is going to enter a recession in 2023. There is already a slightly more widespread deceleration process, but we have a global slowdown. So, the world will play – and has played – the Brazilian GDP downwards, ”he said.
For the economist, the monetary policy adopted by the Central Bank (BC) to contain inflation will also affect the results of the Gross Domestic Product (GDP) in the next quarter.
“The role of the interest rate at this moment is precisely to cool the economy to bring inflation closer to the center of the Central Bank’s target. [O impacto] It is something to be expected within what we have seen in recent months.”
In the third quarter of 2022, the Brazilian economy grew by 0.4% compared to the immediately previous period, the IBGE (Brazilian Institute of Geography and Statistics) reported this Thursday. The result for the quarter is the fifth consecutive positive result after the 0.3% decrease from April to June last year.
Compared to the third quarter of 2021, the increase was 3.6%. With this result, GDP (Gross Domestic Product) reaches the highest level in the historical series, which started in 1996, and is 4.5% above the pre-pandemic level, recorded in the fourth quarter of 2019.
Watch the full interview in the video above.
Source: CNN Brasil
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