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The 2025 market projection of the official inflation (IPCA) fell to 5.24%, according to data released on Monday (23) by the Central Bank Focus report. For 2026, the expectation remained at 4.50%. Predictions for 2027 and 2028 were 4.00% and 3.83%, respectively.
Regarding the growth of the economy, the estimated 2025 Gross Domestic Product (GDP) rose to 2.21%. For 2026, there was also high, with projection to 1.85%. Expectations for 2027 and 2028 were maintained at 2.00%.
In the interest scenario, the projection of the Selic rate for 2025 rose to 15.00%, reflecting the decision of the Monetary Policy Committee (Copom) at the last meeting. For the following years, predictions were maintained: 12.50% in 2026, 10.50% in 2027 and 10.00% in 2028.
