Market lowers forecast for 2022 IPCA for the 16th week in a row and raises GDP until 2023

For the 16th consecutive week, the market reduced the expectation for inflation for 2022, according to this Monday’s Focus Bulletin (17). The document released by the Central Bank (BC) predicts that the IPCA, the index that measures official inflation, will end this year at 5.62%, compared to a projection of 5.71% in the previous week.

See the main highlights of this Monday (17):

  • IPCA high of 5.62% in 2022, compared to 5.71% in the previous week
  • IPCA high of 4.97% in 2023, compared to 5% in the previous week
  • Selic at 13.75% at the end of 2022, compared to 13.75% in the previous week
  • Selic at 11.25% at the end of 2023, compared to 11.25% in the previous week
  • GDP growth in 2022 of 2.71%, up from 2.70% in the previous week
  • GDP growth in 2023 of 0.59%, up from 0.54% in the previous week
  • Exchange rate of BRL 5.20 at the end of 2022, against BRL 5.20 the week before
  • Exchange rate of BRL 5.20 at the end of 2023, against BRL 5.20 the week before
  • IPCA at 5.24% in the next 12 months, compared to 5.20% a week earlier

Source: CNN Brasil

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