TABLE-Brazil economists lower 2025 inflation forecast
ReutersApr 22, 2025 11:34 AM
SAO PAULO, April 22 (Reuters) - Private economists polled on a weekly basis by Brazil's central bank slightly lowered their forecast for the country's inflation this year, according to a survey released on Tuesday.
They now forecast the benchmark inflation index to end 2025 at 5.57%, down from the 5.65% forecast in the previous week, although still well above the central bank's 1.5% to 4.5% target range.
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 (%) | 5.57 | 5.65 | 4.50 | 4.50 |
GDP growth (%) | 2.00 | 1.98 | 1.70 | 1.61 |
Brazilian real to U.S. dollar (year-end) | 5.90 | 5.90 | 5.96 | 5.97 |
Interest rate Selic (year-end, %) | 15.00 | 15.00 | 12.50 | 12.50 |
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