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Brazil economists see 2025 inflation at 5.46%, poll shows

ReutersJun 2, 2025 11:40 AM

- Private economists polled on a weekly basis by Brazil's central bank expect the inflation rate to hit 5.46% by the end of this year, according to a fresh survey released on Monday, down from the 5.50% forecast a week earlier.

The following is a set of projections from the survey:

Market estimates

2025

2025

2026

2026

Median

Now

Previous week

Now

Previous week

IPCA inflation index (%)

5.46

5.50

4.50

4.50

GDP growth (%)

2.13

2.14

1.80

1.70

Brazilian real to U.S. dollar (year-end)

5.80

5.80

5.90

5.90

Interest rate Selic (year-end, %)

14.75

14.75

12.50

12.50

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